Florida Lawmaker Proposes Eliminating Property Taxes with New Revenue Model
Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.
Florida Lawmakers Consider Sustainable Property Tax Cuts Ahead of 2025 Vote
Florida lawmakers and officials explore property tax reduction strategies balancing homeowner relief with local government revenue needs ahead of a 2025 constitutional vote.
Virginia Considers Eliminating Vehicle Personal Property Tax Amid Funding Concerns
Virginia officials and gubernatorial candidates consider ending the state's vehicle personal property tax, balancing taxpayer relief with $2.5 to $3 billion local revenue loss concerns.
House Passes Tax Reform Bill Extending Key Provisions for Insurance Agencies
The House approved a tax reform bill making permanent key 2017 TCJA deductions important to independent insurance agencies, including an increased Section 199A income deduction rate.
Republican Tax Proposal to Target Employer Health Plans Faces Market and Political Risks
Republican plans to tax employer-based health insurance as part of tax reform risk disrupting the U.S. insurance market and face political backlash ahead of midterms.