Posted On: February 1, 2007, 2:29 pm CST

Posted By: Ralph Balamabama

I am not from Florida so maybe someone from there can clarify some things for me? From what I understand Florida has billions of dollars in taxes from the rest of us who go there every year on vacations. I think, but again would be curious, what kind of state income and personal property taxes do Florida homeowners pay? I live in middle America where insurance is a lot more affordable but my property tax on my small middle class home is adds around $300 to my monthly mortgage payment and I pay approximately another $250 a month in state income tax. I could be wrong, but I have heard Floridians do not pay either of these taxes or quite a bit less. Maybe somebody could let me know the answer? So if they get an increase in their monthly insurance premiums of say $550 then they are back to where I am here in Middle America where we are not blessed with such a huge influx of cash from tourism. So the way I look at it you Floridians do not pay as much in local taxes as the rest of the country and do not have to because of the huge bucks coming in from tourism. It seems like a case of wanting to have your cake and eat it too. They should buck up and pay the higher rates because as someone said earlier, they will pay it to the insurance companies or in the form of higher taxes. I am no expert, but I bet private insurance companies can run more efficiently than a state run insurance company. You should pay, as much in insurance as it costs to insure your home where it is located not expect others out of state to pay for you to live in paradise. It is about 10 degrees where I am. What is it like in FL today?