{"id":289518,"date":"2026-05-29T23:27:07","date_gmt":"2026-05-29T23:27:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/289518\/"},"modified":"2026-05-29T23:27:07","modified_gmt":"2026-05-29T23:27:07","slug":"will-desantis-make-the-wealthy-pay-for-his-property-tax-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/289518\/","title":{"rendered":"Will DeSantis make the wealthy pay for his property tax plan"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" class=\"responsive-image\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/05\/MIA_103FIURReagan05NEWPPP.JPG\"   width=\"1200\" height=\"674\" title=\"Florida Governor Ron DeSantis speaks during the unveiling ceremony of a statue of former President Ronald Reagan at FIU in Miami on Friday Feb 06, 2026.\" alt=\"Florida Governor Ron DeSantis speaks during the unveiling ceremony of a statue of former President Ronald Reagan at FIU in Miami on Friday Feb 06, 2026.\"\/><\/p>\n<p>        Florida Governor Ron DeSantis speaks during the unveiling ceremony of a statue of former President Ronald Reagan at FIU in Miami on Friday Feb 06, 2026.<\/p>\n<p>                Pedro Portal<\/p>\n<p>            pportal@miamiherald.com<\/p>\n<p>The confusing property tax cut plan that Gov. Ron DeSantis unveiled this week finally came into crystal clear focus Friday \u2014 at least when it comes to Miami.<\/p>\n<p>It\u2019s simple: Miami should get rich people to fill the holes in government finances that would be caused by a plan DeSantis says would slash taxes for as much as 93% for homesteaded properties.<\/p>\n<p>\u201cIn places like Miami, you have <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.sun-sentinel.com\/2026\/05\/29\/tax-the-rich-desantis-suggests-to-counties-worried-about-his-property-tax-plan\/\">some of the wealthiest people<\/a> in the history of humanity buying homes here,\u201d DeSantis said, according to the Sun Sentinel. \u201cThey\u2019re paying tax. Why not give your middle class residents a break on their property tax?\u201d<\/p>\n<p>Well, now it all makes sense. The uncertainty over whether DeSantis is proposing a $150,000 tax exemption or a $250,000 exemption or a complete rollback of taxes or a trust fund to help poor counties with no revenue source \u2014 none of that matters to the governor because he has a plan. Just tax the rich.<\/p>\n<p>Miami, he noted at a press conference in Davie, has \u201cvery, very wealthy people.\u201d That\u2019s true. But do people like Jeff Bezos, Mark Zuckerberg, Larry Page, Ken Griffin and Ivanka Trump want to be the ones picking up the slack after government coffers shrink? That seems a little unlikely. They might even have something to say about that.<\/p>\n<p>And wasn\u2019t DeSantis the one who went after New York Mayor Zohran Mamdani recently, calling Mamdani\u2019s plan to tax second homes nothing short of \u201ca Marxist agenda?\u201d<\/p>\n<p>\u201cOf course, you\u2019re going to want to run from that area,\u201d he said, <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/finance.yahoo.com\/economy\/policy\/articles\/run-area-ron-desantis-urges-120000280.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAEUb46QC9c0yAvMbzObYa-Q9_6QzVn4Qi8j2jpEudMNKFOZ2nlq09yzk9tMqYGhD2Rnp08IebG7GDV5Ep0vADKtesHUoHSfPBZH7PXC9LyqBwxyO5Vgdis_2VUaCapAmEfHU96wL1cKpJuasToT36BMbPwHRVK3UPMDSoPU7-0on\">according to Yahoo News<\/a>, \u201cand you\u2019re going to want to embrace Florida.\u201d<\/p>\n<p>Really? But now he seems to be saying something rather similar in South Florida. \u201cWhy would you want to have all this wealth come in and then just price middle-class people out? I would capitalize \u2026 on that wealth by relieving middle class people of a burden so that they can actually afford to live in Miami-Dade like back when it was less expensive.\u201d<\/p>\n<p>It doesn\u2019t look like the Legislature is on board with DeSantis\u2019 plan to tax the rich. Legislation filed this week as part of the tax plan would place a 5% cap on increases to the assessed value on non-homesteaded property, which would include snowbirds\u2019 condo homes, vacation rentals \u2014 even the $170 million home Meta founder Zuckerberg purchased in Miami this year.<\/p>\n<p>Taxing the rich is a populist idea, for sure. And certainly the wealthy should pay their fair share. But if it goes forward, let\u2019s make sure DeSantis is the one who has to break it to Zuck, Griffin and Bezos.<\/p>\n<p>             BEHIND THE STORY                 <a class=\"more-link expander\" role=\"button\" onclick=\"toggleText(this)\">            MORE        <\/a>                        What&#8217;s an editorial?        <\/p>\n<p><a rel=\"Follow nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.miamiherald.com\/opinion\/editorials\">Editorials<\/a> are opinion pieces that reflect the views of the Miami Herald Editorial Board, a group of opinion journalists that operates separately from the Miami Herald newsroom. <a rel=\"Follow nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.miamiherald.com\/opinion\/editorial-board\/\">Miami Herald Editorial Board<\/a> members are: opinion editor Amy Driscoll and editorial writers Isadora Rangel and Mary Anna Mancuso. Read more by clicking the arrow in the upper right.<\/p>\n<p>                                            What&#8217;s the difference between an op-ed and a column?                <\/p>\n<p><a rel=\"Follow nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.miamiherald.com\/opinion\/op-ed\/\">Op-Eds<\/a>, short for \u201copposite the editorial page,\u201d are opinion pieces written by contributors who are not affiliated with our Editorial Board. <\/p>\n<p><a rel=\"Follow nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.miamiherald.com\/news\/local\/news-columns-blogs\/fabiola-santiago\">Columns<\/a> are recurring opinion pieces that represent the views of staff columnists that regularly appear on the op-ed page. <\/p>\n<p>                                                How does the Miami Herald Editorial Board decide what to write about?                <\/p>\n<p>The Editorial Board, made up of experienced opinion journalists, primarily addresses local and state issues that affect South Florida residents. Each board member has an area of focus, such as education, COVID or local government policy. Board members meet daily and bring up an array of topics for discussion. Once a topic is fully discussed, board members will further report the issue, interviewing stakeholders and others involved and affected, so that the board can present the most informed opinion possible. We strive to provide our community with thought leadership that advocates for policies and priorities that strengthen our communities. Our editorials promote social justice, fairness in economic, educational and social opportunities and an end to systemic racism and inequality. The Editorial Board is separate from the reporters and editors of the Miami Herald newsroom.<\/p>\n<p>                                                How can I contribute to the Miami Herald Opinion section?                <\/p>\n<p>The Editorial Board accepts op-ed submissions of 650-700 words from community members who want to argue a specific viewpoint or idea that is relevant to our area. You can email an op-ed submission to oped@miamiherald.com. We also accept 150-word letters to the editor from readers who want to offer their points of view on current issues. For more information on how to submit a letter, go <a href=\"https:\/\/www.miamiherald.com\/opinion\/letters-to-the-editor\/submit-letter\/\" target=\"_blank\" rel=\"Follow nofollow noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Florida Governor Ron DeSantis speaks during the unveiling ceremony of a statue of former President Ronald Reagan at&hellip;\n","protected":false},"author":2,"featured_media":289519,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":["post-289518","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/289518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=289518"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/289518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/289519"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=289518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=289518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=289518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}