Possible Biden hurricane tax increase looming for Florida homeowners
Floridians should be concerned, very concerned, over this tax proposal from the Biden Administration. It is clear now that this tax plan will lead to a large tax increase for Florida homeowners in the form of a new “hurricane tax.”
According to new data released by the R Street Institute, Florida homeowners could see as much as a 13 percent increase in their property insurance rates totaling more than $1.6 billion if the “Made in America” tax plan becomes reality.
