Proposed Florida property tax cuts would affect local governments
Excerpt from the article:
(January 22, 2026) Cumberland Advisors Chief Investment Officer and Vice Chairman John Mousseau said, "We don't think this moves forward right away... You would be cutting local government revenues across the board and different municipalities at much different rates depending on how they depend on local property taxes. State funding or governmental transfers aren't guaranteed so how would different counties and municipalities be able to plan? Raising various fees tends to be a regressive tax on lower income households so we doubt that would fly politically either."
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John R. Mousseau, CFA
Vice Chairman | Chief Investment Officer
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