McKay Proposes a Constitutional Amendment to Cut Property Taxes by 45%

Former state senator John McKay, a member of the Florida Taxation and Budget Reform Commission (FTBRC), has filed a proposed constitutional amendment that would require the Legislature to review and repeal many of the hundreds of sales tax exemptions on non-essential goods and services.

The amendment would use the resulting increase in sales tax revenue to fund schools, replacing most of the education property taxes. The current exemptions for food, prescription drugs, health services, and residential rent, electricity and heating fuel will be maintained.

Read the full article here.

Do you support this proposal?  Do you think these are special interest tax breaks that ought to be repealed, or are they incentives that help support Florida's businesses and economy?  Plenty of folks agree that luxury skyboxes in pro sports arenas should be taxed, but what about lawn services?

tags property taxes, Budget Reform Commission, FTBRC, John McKay, Sales Tax Exemptions (all tags)

Full discussion: http://www.civicconcern.org/blog/story/2007/11/27/131756/99