off the charts
POLICY INSIGHT
BEYOND THE NUMBERS
BEYOND THE NUMBERS
We recently explained that Amendment 4, a package of harmful property tax changes on Florida’s November ballot, would send millions of dollars in property tax breaks out of state instead of using that money locally to pay for police and fire protection, road maintenance, and other public services.
Indeed, some of Amendment 4’s biggest likely beneficiaries would be large corporations headquartered in other states, with out-of-state owners and shareholders. For example:
- Some of the largest property taxpayers in Orange County, which includes Orlando, are The Walt Disney Company (headquartered in California), NBCUniversal (New York), Hilton Hotels & Resorts (Virginia), Lockheed Martin (Maryland), and AT&T/Bell South (Georgia).
- Some of the largest property taxpayers in Hillsborough County, which includes Tampa, are Verizon (headquartered in New York) and Wal-Mart/Sam’s Club (Arkansas).
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