Jan 29th will Determine if we get a Tax Break

Well, On Jan 29th, Floridians go to the polls to determine if the Save our Homes Bill gets passed or not.  The bill is not exactly what I was hoping for, but it is a start.  They need to do more work on this issue if they are going to make a real impact.  One part of the bill that is impressive is the Portability part of the bill.  This will allow Floridians that have owned their primary residence for a while to be able to transfer their tax savings to a new home.  Originally, if you sold your home and moved into a new home in Florida, you paid taxes on the new assessed value.  This will be a huge savings for a lot of people and Florida should see so


~ by ToughGuy on January 13, 2008.

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