Valuetainment - June 12, 2026


“Florida’s ULTIMATE Tax HACK” - DeSantis $250K Homestead Exemption Could ERASE Property Taxes


Episode Stats


Length

11 minutes

Words per minute

182.87

Word count

2,042

Sentence count

128


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Governor DeSantis in the state of Florida passes $250,000 homestead exemption that could erase property taxes as Americans continue to flee high tax, blue states for lower tax, lower tax destination Florida. Florida lawmakers have just passed what supporters describe as a major win for economic freedom, moving to provide long term property tax relief for residents.

Transcript

Transcript generated with Whisper (turbo).
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00:00:27.820 Governor DeSantis in the state of Florida passes $250,000 homestead exemption that could erase property tax as Americans continue to flee.
00:00:39.760 High tax blue states for lower tax destination.
00:00:42.460 Florida lawmakers have just passed what supporters describe as a major win for economic freedom, moving to provide long term property tax relief for residents.
00:00:50.820 the Florida legislature has cleared a historic DeSantis-backed constitutional amendment
00:00:55.700 for the November 2026 general election ballot that could eliminate non-school property taxes
00:01:01.080 for many homeowners through a proposed $250,000 homestead exemption.
00:01:07.940 Rob, is this it?
00:01:08.700 Yes, sir.
00:01:09.040 Go for it.
00:01:10.440 It would be taxed on $500,000 of value.
00:01:13.760 Making the change would require an amendment to the state's constitution approved by 60% of voters.
00:01:19.460 Now, Florida isn't the only state considering changes.
00:01:23.700 Others considering property tax cuts or even eliminations include Colorado, Georgia, Kansas, Montana, North Carolina and Pennsylvania.
00:01:32.540 Now, according to the Tax Foundation, home values have risen 27 percent faster than inflation since 2020.
00:01:40.720 That's where those high taxes come from.
00:01:42.660 But many local elected officials oppose any change.
00:01:46.440 Orange County Mayor Jerry Deming saying this.
00:01:48.960 I support meaningful tax relief for residents, but the governor's proposal could significantly reduce the local funding that supports essential services like public safety, fire and rest.
00:01:59.240 So check this out.
00:01:59.900 The biggest beneficiary may be families and retirees looking to establish permanent residency and maximize long-term savings, said the Corcoran Group, Mike Duckin agreed.
00:02:12.440 Tom, your thoughts on this.
00:02:13.380 How big of a deal is this for especially middle America?
00:02:16.720 This is a huge deal for retired people that are already in Florida that have seen Medicare not keep up with the costs that they need and having to buy a Medicare Advantage Part D to supplement their Medicare and the drugs they may be taking, thyroid medication, diabetes medications, things like that.
00:02:39.740 They get hit with inflation, and they're on fixed income, right?
00:02:44.600 So now the governor says, hey, there are two parts to your property tax.
00:02:49.840 One part is general fund, and the other part, it'll say schools.
00:02:53.900 What he's saying is the part of your property tax that's for schools and public infrastructure is not affected.
00:03:00.280 But I'm willing to lower your property tax on the other side because we as a state, through sales tax and other things, are making the funds and we're being more efficient with the dollars we do get.
00:03:12.680 So be a very, very keen listener to that. He's not sounding like a tax and spend governor like so many blue state governors. He's saying we've been more efficient with what we spend. We're being more careful with it. And that is the taxpayers money. So why shouldn't we allow, you know, taxpayers to get some relief?
00:03:33.240 So guess what? It's $150,000. It used to be, if you went homestead, it was like $25,000 or $50,000 that you could reduce the value of your home and then pay less.
00:03:44.300 Now it's going to be $150,000 in 2027 and then $250,000 in 2028, and the $250,000 baseline will be reviewed and adjusted higher starting in 2029.
00:04:00.980 So he's basically saying if you bought a house here.
00:04:03.880 That $250,000 could be $300,000 in 2029.
00:04:05.780 It could be.
00:04:06.540 Yeah.
00:04:07.460 The way the bill's written, it also could be $225,000.
00:04:11.680 But the point he's making is if you live here and you've retired here on fixed income, the part of your property tax where you're contributing to schools and public infrastructure will stay because it's good for you and the city to have lights, good schools, everything like that.
00:04:28.500 Even if you're retired, that's a benefit, too, of living here.
00:04:31.300 And somebody's got to pay for it.
00:04:32.900 However, on the other side, it says, I think you should be cheaper to live,
00:04:37.620 and we're making it cheaper to live because we're running the state better
00:04:40.620 and doing more with the money we do get.
00:04:42.900 So guess what?
00:04:43.660 We don't need that tax dollars.
00:04:45.200 I'm here to help you.
00:04:46.720 It's fantastic.
00:04:48.560 Yeah, so a million-dollar home, instead of paying taxes on the $1 million,
00:04:51.380 you'd be paying on $750.
00:04:52.980 Half a million-dollar home, instead of paying on half a million,
00:04:55.100 you'd be paying on $250.
00:04:56.680 $250,000 condo, instead of paying tax on $250,000, you're paying zero.
00:05:01.320 You're next to zero.
00:05:02.200 There'll be a very small amount that's part of your property tax for schools and local.
00:05:06.440 How big of a deal is this?
00:05:08.620 Well, for people who care about taxes, this is groundbreaking.
00:05:12.040 Specifically for the people that are dealing, the $125,000 comment that says,
00:05:14.620 I'm living paycheck to paycheck.
00:05:16.140 Well, here's the thing is if you're living paycheck to paycheck,
00:05:18.120 you probably don't own a home, unfortunately.
00:05:20.000 And so I think that there's this very weird dynamic of you have to remember
00:05:24.120 that whatever the actual percentage,
00:05:26.160 let's say 40% of Americans don't pay federal income tax,
00:05:29.020 they don't pay some of these taxes.
00:05:31.140 So what you're actually doing is
00:05:32.680 it's more of a middle-class impact, right?
00:05:34.560 If you are fortunate enough to own a home,
00:05:37.000 you really care about this.
00:05:38.440 But there's some portion of Americans,
00:05:40.220 they're not even in that position.
00:05:41.800 The second thing is I think that the pitch
00:05:43.920 coming from both Florida and Texas is really strong
00:05:46.560 because it's not a trade-off between
00:05:48.460 pay less in taxes, get less in services.
00:05:51.600 It is we are going to keep services
00:05:53.060 as good or better and also we are going to have you pay less and so you're getting just as much
00:05:58.920 if not more and it's going to cost you less that's a great pitch what happens in new york i live in
00:06:04.300 new york right i could speak directly to this taxes go up and services go down in terms of quality
00:06:10.320 that's the exact opposite pitch and there's a lot of people who are saying i'm not down for that now
00:06:16.100 there are certain people i would put myself in this category i think there's many other people
00:06:19.940 who say, listen, even though I got to hold my nose on some of this stuff, there are certain
00:06:25.180 aspects of the city that are worth it, whether it's for your business, right, family, whatever
00:06:30.300 the thing is. That's what they're counting on, though, that people just aren't going to leave,
00:06:35.200 right? And if you look in New York in particular, things like banning Airbnb, right? If you start
00:06:41.940 to funnel everything into a certain area, well, then you can start to go and implement some of
00:06:47.440 these taxes and so in florida i think that the pitch is incredible now with all of the work again
00:06:53.160 ai remote work all the stuff you get people starting to move but like you guys recently
00:06:57.560 uh hired somebody he was in new york right he came down here to florida i don't know five years ago
00:07:02.780 six years ago could you have convinced someone to leave new york to come here to work you know
00:07:07.160 not as easy as today but today they're it's actually going the other way today they're making
00:07:12.440 a decision that they're leaving and they're saying let me go see who to work for like they
00:07:15.600 Oh, they decide to leave first.
00:07:17.480 They are saying, I'm going to leave.
00:07:19.240 Of course, some of them, you're paying reload, and you have to do some of that stuff.
00:07:23.720 Let's just say you really want that guy.
00:07:25.720 But some people are today reaching out to us.
00:07:27.880 I think three years ago, we got 3,000 resumes that were sent to us,
00:07:32.140 people that wanted to apply to work here.
00:07:34.460 2024 went to 11,000.
00:07:36.120 Last year, we had 33,000 job applications to work at by attainment.
00:07:40.620 We just crossed 180 full-time employees time, I think, last week, 180.
00:07:45.600 and a year ago, I don't know what we were a year ago.
00:07:49.020 You'd know a year ago we were what, 80?
00:07:51.700 A year ago?
00:07:52.680 Oh, one year ago.
00:07:53.940 80, 90.
00:07:54.600 Rob, where were we a year ago?
00:07:57.100 A hundred?
00:07:57.860 Probably around a hundred.
00:07:58.680 Yeah, I think around a hundred.
00:07:59.680 Around a hundred, right?
00:08:00.540 Because we moved from Dixie and we came here,
00:08:02.940 so we had some stuff that we had to move.
00:08:04.860 But, yeah, a lot of people in New York are deciding to leave.
00:08:08.140 And by the way, right now with California,
00:08:09.580 what happened with the mayor race,
00:08:10.680 and of course Hilton's still in it, which is good.
00:08:12.780 It'll be interesting to see what they do.
00:08:15.600 because this was a little bit of hope that they had.
00:08:19.220 Well, let me see what's going to be happening here.
00:08:20.760 Maybe things are going to change.
00:08:21.940 Pratt is already out.
00:08:22.940 They already announced he's third place, so he's gone.
00:08:25.200 Ramon is in the Socialists, so we'll see what that's going to happen with Bass.
00:08:27.980 So LA's going to get a lot of what they already had.
00:08:30.660 Hilton's in second place.
00:08:32.700 If California wants to see any kind of change, they've got to get behind this guy.
00:08:36.420 38% of you guys are business owners.
00:08:38.480 If you're a business owner, this is by far the worst season to go through it by yourself.
00:08:42.540 So Vault Conference, if you haven't yet registered, Rob, you may want to play this clip.
00:08:47.560 Every one of us is one relationship away from taking our lives and our business to the next level.
00:08:52.460 I want you to hear this story about what a friend of Elon Musk ended up doing just because of becoming friends with him.
00:08:57.220 Go ahead, Rob.
00:08:58.220 Have you heard about Elon Musk's friend named Antonio Gracios, who allegedly they made in the mid-90s networking.
00:09:03.140 They became friends.
00:09:04.400 And he lent Elon a million dollars, which somehow, someway ends up owning 7.3% of SpaceX.
00:09:10.380 That million dollars today, according to Entrepreneur Magazine, could be worth between $100 billion to $150 billion, making them top 50 richest men in the world.
00:09:19.860 So how did this happen?
00:09:20.960 Every one of us, if you're watching this, you are one contact, one relationship away from changing your business, changing your life.
00:09:27.060 How do you do it?
00:09:27.980 You've got to put yourself out there.
00:09:29.260 If you're not, the way I did it is by going to four to ten business conferences every year.
00:09:33.400 Once a year, we host an event called The Vault Conference.
00:09:35.760 This year, we're doing it at the MGM Grand Arena, August 31st to September 3rd.
00:09:40.020 12,000 people will be attending this event if you haven't yet registered.
00:09:45.020 Your Antonio may be at that event.
00:09:47.200 Click on the link above or below.
00:09:48.520 Get registered.
00:09:49.120 We'll see you there.
00:09:50.200 Again, bring your business partners.
00:09:52.060 A lot of people are bringing their employees.
00:09:53.600 Every year, they're bringing somebody new.
00:09:55.360 If anybody that comes in, they typically bring back 5, 10, 15 people
00:09:58.600 that are next year with them.
00:09:59.300 I think one of the companies from France, if I'm not mistaken,
00:10:02.200 is bringing 500 people to the event, to the Vol Conference.
00:10:05.960 But Logan Paul will be there to talk about how to create content
00:10:08.560 and get noisy at a time like this.
00:10:10.020 He's always in the marketplace talking about it.
00:10:11.960 I know he's got a torn triceps, but even that makes it in the news.
00:10:14.620 Stephen Bartlett, fastest-grown podcast in the world from Diary Review's CEO.
00:10:18.220 He'll be there.
00:10:19.160 Jerry Rice and Joe Montana will be sitting down with me to talk about how to find running mates.
00:10:23.680 And last but not least, Dan Martell, the great Dan Martell,
00:10:26.300 will talk about how to use AI, multiple eight-figure exits, author of Buy Back Your Time.
00:10:31.920 They will be at the conference as well.
00:10:33.200 If you enjoyed this video, you want to watch more videos like this, click here.
00:10:35.880 And if you want to watch the entire podcast, click here.
00:10:40.020 We'll be right back.