Something else that could go wrong on November 3rd
Has nothing to do with Trump, rather, with houses
Below, the NFL is mentioned in passing. This prompts the answer to a question many readers are asking.
The answer is Yes. Tuesday Morning Quarterback will return for the 2026 season.
I’ll announce the 2026 schedule soon. The football artificial universe is close!
Storm clouds continue to gather regarding the upcoming Election Day. Donald Trump just gave a primetime address once again relitigating his 2020 electoral defeat, now claiming China was the hidden hand. Maybe there were improper votes in 2020 – but not 7 million, Biden’s margin.
Why give a presidential address about an election whose result long has been settled? Trump fears his party will suffer ballot defeat on November 3rd, and is laying the ground for delegitimizing the result. That is worrisome for our democracy.
So let’s switch to a different election day question, one where these is no Constitutional risk.
On November 3rd voters in Florida cast ballots on a referendum to sharply reduce residential property taxes. Only CPAs need care? Far from it.
Perhaps you hate property taxes -- and that’s even if you lease, because landlords price their taxes into rent.
I sure hate property taxes. My largest annual expense is the property tax bill, payments due both to the state of Maryland and the county where wife and I reside.
Our property tax invoice, which just arrived in the mailbox – remember mail? – equals seven months of our mortgage.
Last year the property tax was more than wife and I spent on health care – insurance premiums, copays, deductibles and prescription drugs combined. The property tax was more than our health care costs combined even though last year your writer had brain surgery!
Pretty much everybody hates property taxes. If you know anyone who owns a dwelling in Cook County, Illinois, or in New Jersey, don’t get them started about property taxes.
So if Florida votes for a major reduction of residential property taxes, many will receive this as a protest against government.
Here’s the thing. Cutting property taxes tends to favor those who own housing (mainly Boomers) over those trying to enter the housing market (mainly the young).
Boomers are already the most-favored cohort of American society. If Florida Boomers have their property taxes slashed, intergenerational injustice will become worse.
This is a feature of the plan, not a bug. The referendum excludes apartment buildings from property tax cuts. All reductions go to those who already own homes – for the most part, the aging. The young who rent would get shafted.
