Summary of "Где в США ОТМЕНЯТ НАЛОГ НА НЕДВИЖИМОСТЬ?"

Theme

Growing political movements across many U.S. states aim to reduce or abolish local property (real estate) taxes on primary residences. Proposals vary materially by state in scope, timing, and how lost revenue would be replaced (examples: sales/consumption tax increases, use of budget or commodity surpluses, levies on luxury services, or special investment funds).

States, proposals, key numbers, timelines, and trade‑offs

California

Model: Proposition 13 (1978).
Features: Limits property tax to ~1% of purchase price; assessment increases capped at 2%/year; reassessment occurs on sale.

Florida

Proposal: Significant reduction or elimination of property tax on primary residence.
Homeowner bill reduction estimate: ~60–70%.
Timeline: Referendum planned for November 2026; changes could take effect in 2027.
Revenue replacement: Potential small sales‑tax increase.

Georgia

Plan: Gradual phase‑out through 2032.
Schedule for non‑taxable portion of home value: ~$10,000 (near term) → $30,000 by 2029 → $60,000 after 2031.
Objective: Effective abolition of primary residence tax by 2032.

Illinois (SB162)

Proposal: Full property tax exemption for homeowners who have lived in their primary residence ≥30 years.
Political note: 30‑year threshold considered long; author suggested 20 years might be more politically workable.
Status: Bill entered Senate in early 2025; under committee discussion.

Indiana (HB1288)

Timeline: Stop assessments after 2026; abolish property tax completely after Dec 31, 2027 (practical elimination by 2028).
Compensation: Expand sales tax to cover services (e.g., car repairs, legal advice).

Kansas (HCR014)

Mechanism: Create a “tax freedom” sovereign‑style fund financed by canceling ineffective tax breaks.
Structure: Principal inviolable; use investment income to replace property tax first.
Long‑term goal: Eventually eliminate property tax and then state income tax by living off yield.

Michigan

Speaker’s plan: Cut ~$4 billion and eliminate school tax component (~$900 average savings per homeowner).
Also aims to address reassessment spikes on purchase (high taxes when buying).
Replacement revenue: Tax luxury services (example: 6% sales tax on limos, private jets, expensive advertising).

Nebraska (Epic Option)

Proposal: Eliminate property, income, and inheritance taxes by 2028; replace with a consumption tax.
Activist proposal: ~7.5% flat tax on purchases.
Economist estimate (OpenSky Policy Institute): Replacement rate might need to be ~20–21% to fully replace revenues.
Status: Initiative gathering signatures for a public vote.

North Dakota

Mechanism: Use oil legacy fund (receives ~30% of oil production taxes) to gradually buy out property taxes.
Fund size: >$11 billion (start of 2026).
Recent change: Primary Residence Credit increased from ~$500 → $1,600/year after 2025 reform.
Realistic path: Use investment returns to expand credits until property tax bills are covered.

South Dakota

Mechanism: Counties authorized to add a small sales tax (~0.5%) to fund homeowner compensation.
Net effect example: Average family pays ~$160 more in stores/year but saves ~$660 on property tax.
Activist proposal: Eliminate property tax and replace with a fixed fee (example: 1.5% on any check > $15).

Oklahoma (2026 Property Tax Reform Act, sponsor)

Target: Seniors — eliminate property tax for homeowners >65 who fully paid their homes.
Other changes: Freeze tax rates for others; shift school/police funding to small levies on purchases and services.

Pennsylvania

Competing bills:
- HB900: Ban property tax by 2030 (ultimatum-style—force other revenue changes within 5 years).
- Alternative: Eliminate property tax but raise income tax from ~3.7% → ~4.5% and increase sales tax (a clear tradeoff).
Executive program: Governor’s Property Tax Rebate up to $1,000; income threshold indexed to inflation.

Grassroots movement (Citizens for Property Tax Reform)

Activists collected >413,000 signatures to force a popular vote (target Nov 2026).
State fiscal gap unclear; Ohio example shows magnitude of replacement needed.

Ohio (Office of Budget and Management analysis)

To replace ~ $24 billion in property tax revenue, sales tax would need to rise to ~18%.
Governor cautioned replacement rate might be 17–20%.

Texas

Governor’s 2026 plan: Eliminate school portion of property tax (often >50% of bill) using budget surplus; transfer funds directly to schools.
Assessment changes: Frequency every 5 years; cap tax increases at ≤3%/year per property.
Local rate increases: Would require supermajority resident approval (roughly 2/3–3/4).

Major fiscal trade‑offs and macro risk points

Replacement choice matters for distribution:
- Shifting to sales/consumption taxes is regressive unless essentials are exempted or credits provided.
- Consumption tax rates required to fully replace property and income taxes can be much higher than activist advertising (e.g., Nebraska estimates ~20% vs activists’ ~7.5%).
- Expanding sales tax to services broadens base but raises costs for middle‑income households.
Using commodity/budget surpluses (oil funds, state surpluses) is feasible but depends on sustainability of returns and political commitment; vulnerable to commodity price declines.
“Tax freedom fund” models (invest principal, spend yield) require very large principal, disciplined governance, and long planning horizons.
Political risk and timing: Many measures require referenda, multi‑year phase‑ins, or competing legislative action.

Practical actions and homeowner playbook

Three immediate tax‑reduction methods homeowners can use now:

Claim available exemptions (Homestead Exemptions)
- Most states offer primary residence deductions; many have separate programs for seniors (65+), veterans, and disabled homeowners.
- Typically requires one application to the local assessor or treasurer.
Appeal your property assessment
- File an assessment appeal within local deadlines (appeal season often in spring/early summer).
- Typical success rates vary; up to ~30% of appeals may yield reductions in some jurisdictions.
Audit your Property Record Card for technical errors
- Request the Property Record Card from the assessor.
- Correct factual errors (bedroom count, nonexistent pool, overstated lot area). Corrections often produce automatic tax reductions without litigation.

Key metrics and numbers to track when evaluating where to buy

Effective property tax rate and the share that funds schools.
Proposed legal changes and referendum dates (e.g., Florida — Nov 2026).
Proposed thresholds and timelines (examples: Georgia $10k → $30k → $60k; Illinois 30‑yr owner exemption; Indiana abolish by 2028).
Replacement tax rate estimates (Nebraska ~20–21%; Ohio 17–18%).
State fiscal buffers and legacy funds (e.g., North Dakota legacy fund >$11B; share of oil revenue).
Legislative calendar: bill progress, committee status, and signature drives.

Market & portfolio considerations

Real estate implications:
- Lower or eliminated property tax reduces holding costs and can increase net rental yield and owner‑occupier returns.
- Offsetting effects (higher consumption taxes) can change disposable income and local demand.
For investors:
- Monitor legislative calendars, referendums, and stated fiscal mechanisms (will lost property tax be replaced by higher sales tax, broader consumption tax, or direct budget allocations?).
- Evaluate sensitivity of property cash flow to local tax changes.
- Diversify across states and stress‑test investments under scenarios where consumption tax must rise significantly to cover lost revenues.
Risk management: Understand each state’s fiscal capacity (commodity revenues, rainy day funds) and the political plausibility of replacement revenues.

Disclosure, sources, and presenter

Presenter: Alexey Belov — licensed Florida realtor; channel “How to Become an American.”
Sources referenced or cited: Proposition 13 (CA), SB162 (Illinois), HB1288 (Indiana), HCR014 (Kansas), “Epic Option” (Nebraska activists), OpenSky Policy Institute analysis, Ohio Office of Budget and Management, North Dakota legacy fund materials, HB900 (Pennsylvania), Michigan Speaker’s proposal, Oklahoma sponsor materials, Texas Governor (Greg Abbott) communications, Citizens for Property Tax Reform.
Presenter cited a February article on real.com and multiple state bills/official analyses; links were promised in the original video description.
Note: Video subtitles contained transcription errors for some names/places. Use original bill numbers and official state sources for legal verification.

Final caution: All proposals are at various legislative or signature stages; many require referenda, multi‑year implementation, or new revenue sources. The fiscal math matters — replacement taxes may be large and regressive. Verify current status with official state legislative records before making investment or relocation decisions.

Presented by: Alexey Belov (How to Become an American). Sources include a February article on real.com, multiple state bills/initiatives, and OpenSky Policy Institute analysis.