Tax Foundation

🏡 Our analysis of Florida's "Save our Homes from Excessive Property Taxes" proposal:

The Real November Ballot Question: What Price Are Floridians Willing to Pay to “Save Their Homes?” While a proposal to phase down property taxes on the primary residences of Florida homeowners may grab headlines, it risks severely undermining the competitiveness of Florida’s overall tax structure and leaving the state worse off.

Wealth taxes make states less competitive, increase revenue volatility, discourage investment, and risk accelerating outmigration of talent and capital. Many top-earners are already leaving high-tax states for Florida, North Carolina, and other low-tax jurisdictions.

Read more:

Targeting High Earners is Misguided and Will Worsen States’ Fiscal Positions High-tax states are targeting high earners and the wealthy with new or increased tax burdens, hurting the states' overall competitiveness.

In recent years, European Union countries have experienced high inflation—driven by supply factors, demand, and imported inflation—that has significantly altered the economic landscape. This shift from low to high prices has profound implications, especially from a fiscal perspective.

Our research focuses on the inflationary environment’s fiscal consequences. Read more: https://hubs.ly/Q04lf9Sw0