For too long, Miami homeowners have been told that meaningful property-tax relief is “impossible.” Critics say eliminating the city’s homestead property tax simply can’t be done. They claim the numbers don’t work. They insist reforms are unrealistic, inconvenient or politically risky. This isn’t true for just the city of Miami; it is also what many say across the nation.
They’re wrong, and Miami is about to prove it.
The city of Miami’s portion of the homestead or primary home property tax represents only about 7% of the total city budget, roughly $101 million. Any city that claims it cannot find 7% in efficiency, waste or mismanagement is simply unwilling to govern responsibly. Miami is not a poor city; it is a poorly managed one, and homeowners have paid the price…