Homeowners would save $1,000s under new law axing ‘antiquated’ annual fee

A proposed constitutional amendment in Pennsylvania aims to abolish property taxes, potentially saving homeowners thousands annually. Introduced by Republican state Representative Russ Diamond, the amendment could appear on the ballot in November. While supporters argue it alleviates financial burdens, concerns arise about local governments losing revenue. Similar initiatives are being discussed in other states, including Florida and New Jersey, where politicians are advocating for property tax reductions or reforms.

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