Here’s why Amendment 3 is the wrong tax fix for Florida | Indicators

“There is no question that Florida has an affordability problem.

“Homeowners are feeling it in their property taxes and insurance premiums. Renters are feeling it in monthly housing costs. Businesses are feeling it through higher insurance, labor, housing and operating expenses.

“So, when our state leaders ask whether Florida’s property tax system needs reform, I believe they are asking the right question.

“Unfortunately, Amendment 3 is the wrong solution.

“This November, Florida voters will consider Amendment 3, a sweeping change to our state’s property tax system. The Greater Sarasota Chamber of Commerce opposes Amendment 3 because we believe the proposal creates too many unanswered questions, could shift costs to businesses and renters, and puts important community services at risk.

“This is not a partisan issue. It is a fiscal issue, a business issue and, ultimately, a community issue.”

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