Reading how these property taxes are allocated, it looks like public schooling will take the largest hit. Something like 40-60% of their finding comes from statewide property taxes. If we’re talking primary resident taxes, it is less of a hit but still substantial. When there’s a meme about “Florida man” then you’re already not producing the best education so why not send that money to charter schools instead. What a tool
How will this proposal work exactly… With fewer funds for local governments to use for things like school, roads, infra, government, and safety … what is this revenue being replaced with? Is this a means to attract more billionaires and companies to Florida?
Yes Wikipedia supports my understanding. Collectives and the state can own land. Private citizens cannot.
I’m not arguing the states method is better as it’s caused so many problems but the image is inaccurate at best.
Take my downvote
Property law in China - Wikipedia https://share.google/2lDZZ50YnuNUfTtK4
As an American, I was under the belief a Chinese national can’t purchase land in China only lease it. Hence the overseas purchases as investments. Is that understanding no longer accurate?
And I’ll note, a lot of pro Chinese posts lately.
This dude is going to lie through his teeth and get the confirmation along party lines.
You’re presuming people know their history to get this joke. Let me ask grok