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FILE - A "For Sale" sign is displayed outside a home, Feb. 1, 2024, in Aceworth, Ga. (AP Photo/Mike Stewart, File)

In some states, a push to end all property taxes for homeowners

Anti-tax advocates are pushing to eliminate property taxes for homeowners. Rising property values have increased tax bills, but ending these taxes could cost states billions. North Dakota is using oil money to phase out taxes. On Wednesday, Georgia Republicans proposed eliminating homeowner property taxes by 2032. Florida and Texas are considering similar moves. Critics worry about funding for schools and local services. These efforts echo past tax revolts, like California’s Proposition 13. The challenge is finding replacement revenue without harming essential services. The Georgia plan would force schools and governments to rely more on sales taxes. Its path to passage is long.

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