Another election cycle and another proposal to reduce property taxes is on our ballot here in Florida--maybe on yours too.

Remember that reducing property taxes puts money into homeowners' pockets, but your county/state still need that money to fund programs. There will be new taxes to make up the shortfall--whether they are labelled as taxes or not. Those taxes are likely to be regressive.

Voting to reduce property taxes seems like a real "screw you, I've got mine" move. Buying property in a community implies a social contract to support, maintain, and improve that community, even if you don't see a direct benefit.