I'm just saying even under my proposal of homestead exemption, all the second home, you still have the ability to do taxes just like you are. Right? So if someone buys a home, you have People are buying homes for $100, $150 million in Miami, and they are still able to tax that. I mean, it's not any different than it is now. So what will happen is you won't have to raise the tax, expanding the economic base. (41:32–41:40)
CLAIM
Asserts that high-value home purchases in Miami are still taxable.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
