Florida’s new property tax: Why tech execs move to ‘Billionaire Bunkers’ may be right
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Florida voters have given a green light to Amendment 3, a game-changing overhaul of property tax laws in the state. This will greatly enhance the homestead exemption, tripling it and providing crucial tax relief to average homeowners. However, for the ultra-wealthy with sprawling...
Florida voters have given a green light to Amendment 3, a game-changing overhaul of property tax laws in the state. This will greatly enhance the homestead exemption, tripling it and providing crucial tax relief to average homeowners. However, for the ultra-wealthy with sprawling estates, the advantages of the exemption will seem rather insignificant.
Original Source
https://timesofindia.indiatimes.com/technology/tech-news/floridas-new-property-tax-rule-why-google-co-founder-larry-page-oracle-founder-larry-ellison-citadel-ceo-ken-griffin-and-other-billionaires-move-to-billionaire-bunkers-may-be-right/articleshow/135581737.cms