Author: Abigail Hall, Professor of Economics, University of Tampa

Florida just voted for lower property taxes – and that could mean cuts in government services and new housing construction

Abigail Hall, Professor of Economics, University of TampaLeave a Comment on Florida just voted for lower property taxes – and that could mean cuts in government services and new housing construction

Many Florida homeowners cheered on Nov. 3, 2026, when more than 60% of voters approved a constitutional amendment to significantly reduce property taxes. Under the measure, Amendment 3, a homeowner’s tax break, known as a homestead exemption, would triple from the current US$50,000 to $150,000 in 2027 and increase again to $250,000 in 2028. By […]

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Cities keep shelling out taxpayer money for sports stadiums, yet the economics almost never makes sense

Abigail Hall, Professor of Economics, University of TampaLeave a Comment on Cities keep shelling out taxpayer money for sports stadiums, yet the economics almost never makes sense

Americans are crazy about sports. But whether that passion requires taxpayers to subsidize new facilities every time leagues and franchises ask for them needs rigorous scrutiny. A lot of money is at stake. For 2025, the NFL reported some US$14.5 billion in revenue, while the MLB collected an estimated $12.2 billion and the NBA earned […]

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