Richter Supports Amendment 1

Voting for amendment is supported

http://www.lehighacrescitizen.com/Letters/articles.asp?articleID=6250

To the Editor,

As a homeowner and a local business owner I can truly support the tax amendment on the Jan. 29 ballot that can help out so many people. This proposed amendment would double exemptions on primary homes to $50,000. It would put a 10 percent assessment cap on other properties, such as businesses, rentals and second homes.

The amendment would also let homeowners take at least part of the benefits they get from the existing 3 percent assessment cap on primary homes when they move. And it would give businesses a $25,000 exemption for equipment and other property.

This last Wednesday Gov. Charlie Crist urged voters to approve the proposed amendment that would cap property taxes while providing cuts for most homeowners, saying the change will boost the state’s real estate market and local economies.

“It’s about giving people the freedom to move, the freedom to go to another home,” Crist said of homeowners who feel trapped in their homes because of high property taxes. “You know what that will do to the real estate market in Florida? I tell you, it will ignite it.”

Keith Richter

Lehigh Acres

Political advertisement paid for and approved by Keith Richter, Republican for State House, District 72