Source: Garrison Center
by Thomas L Knapp
“Florida home values have increased by about 150% since 2008, and that there now about 2 million more homes in Florida than there were in 2008. In other words, a lot more homeowners are paying a lot more in property taxes than used to be the case. In the meantime, average wages have only increased by about 35%, while inflation has driven up the prices of things Floridians buy by 75%. Which means those increased tax bills have become less affordable, even as county government budgets have continued to grow at or faster than the inflation rate. The state government has run budget surpluses since 2010. It seems to me that SOME kind of correction is in order. Government keeps taking, and spending, more of our money, but our earnings aren’t keeping up with either that government growth or the cost of living.” (06/02/26)