Florida Property Tax, is bad for retirement
I was thinking about this, over the weekend. When I retire, even if my house is paid off in full, I will still have to pay almost $1000 a month in property taxes. If Social Security only pays the same amount of about $1000 each month, then we are in big trouble. Oh, and if there is no social security left when I retire, that will also be a big problem.
So as we know, Florida’s population growth is based on almost 50 percent of people who retire from other states and then move to Florida, for our beautiful climate, that we all take for granted. If these people find out, how high the property taxes are, they may go to some other states.
Florida cannot afford to let this happen. This will ruin out whole economy. Real Estate prices will stop rising and more people will leave the State. So, now you know one more reason to vote for a Sales tax increase or any other legislation to get rid of our High property taxes and insurance rates.
