“When The Columbus Dispatch interviewed voters headed to the polls in November 2025, almost all said they liked the idea of property tax abolition but didn’t want to see the quality of local services degrade.
None of Florida’s proposed property tax reforms include any plan to offset the lost revenue. The two measures that would eliminate homestead property taxes also include clauses forbidding local governments from cutting law enforcement funding.
The Ohio nonprofit Citizens for Property Tax Reform notably does not call for offsetting spending cuts. Instead, it suggests increases to sales taxes and local school district income taxes.
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Making up for the revenue lost from property tax cuts would be a tall order.
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Property taxes pay for nearly 30 percent of local government services in both Ohio and Florida. States trying to replace every dollar of property tax revenue with sales or income tax revenue would ultimately reduce overall economic efficiency as well.
Milton Friedman called the property tax (and particularly the tax on the value of unimproved land) the “least bad tax” because it discouraged less economic activity than sales and income taxes.
Property taxes are also less distortionary. People and firms can move to places where they are less heavily taxed to avoid local sales and income taxes. Real estate, in contrast, generally has to stay put.”
https://reason.com/2026/02/08/can-florida-and-ohio-kill-property-taxes