BobKamman
Level 15

New homeowners in Florida are finding that life in a state with no income tax can mean life in a state with high property taxes. Florida has a law similar to California’s Prop 13, that limits annual property tax increases to 3% (or CPI increase, if less) but starts the valuation anew when the property is sold. That can triple the taxes for the new owner.

https://www.businessinsider.com/florida-homebuyers-shocked-by-skyrocketing-property-taxes-2022-11

I have seen this happen with Arizona taxpayers moving to Texas. Arizona, until recent years, has had fairly high income-tax rates, but low property taxes. Upper-middle-class taxpayers would pay maybe $4,000 combined income and property taxes. Moving to Texas, they would pay that much or more, just in property taxes.