Map Shows Battle Against Property Tax Across US States
The movement to drastically cut and even eliminate property taxes, which local governments heavily rely on to fund crucial public services, is gaining momentum in Republican-led states across the country. Four states—including Florida, Illinois, Kansas and Pennsylvania—currently have plans to eliminate property taxes entirely. Others—including Texas and Montana—are trying to significantly reduce them. In Florida, […]
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New York Home Price Drops Nearly 40% for Rare Property
A historic Manhattan townhouse with ties to the Gilded Age has seen its asking price plummet nearly 40 percent since it was first listed, highlighting challenges in New York City’s luxury real estate market. The residence at 973 Fifth Avenue, one of the few remaining intact Stanford White-designed mansions, was initially listed at $80 million […]
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Could Florida Eliminate Property Tax? It’s Complicated
Florida Governor Ron DeSantis has signaled his support for eliminating property taxes in the Sunshine State or drastically lowering them, though such a move is expected to be an uphill battle. The Republican governor agreed with a post shared on X, formerly Twitter, last week that said property taxes should not be based on the […]
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