A Republican lawmaker in Pennsylvania is pushing a sweeping plan to eliminate school property taxes by creating a multibillion-dollar education endowment fund. The proposal would replace the roughly $16 billion collected annually from taxpayers for public schools.
Florida House Speaker Daniel Perez announced Tuesday the creation of a Select Committee on Property Taxes, setting the stage for a major push to give voters the chance to reform property taxes through a 2026 ballot initiative.
As Tax Day approaches, fiscally conservative leaders in multiple states are intensifying efforts to eliminate property taxes, with one Pennsylvania lawmaker arguing that homeowners should not have to "pay rent" to the government.
