Skip to main content

View Diary: It's not 47% anymore (103 comments)

Comment Preferences

  •  Landlords do pay property tax. (0+ / 0-)

    And when the rental market favors landlords, they are reimbursed by their tenants.  But in some states, tenants are taxed (through their landlords) more than owners.  In Florida, a certain amount of the assessed value of a primary residence is untaxed; this is called "homestead exemption" and it was passed when Florida was underpopulated, to get retirees to move there (although it is not limited to retirees).  But rental residential property is taxed on the FULL assessed value, so landlords (and indirectly, tenants) pay MORE taxes to live in the same home than homeowners pay.

    Personally, I think it would be fair for homestead exemption to be changed so that tenants, who could prove by a lease and rent receipts, would be reimbursed by the county for the extra taxes collected on the rented house because it was not owner-occupied.  This would reduce, and for some tenants eliminate, whatever poverty relief the tenants receive.  But since I no longer live in Florida, that is no longer a personal complaint.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site