Consider Off-Grid Homestead Exemptions
For homeowners who live off-grid and rely solely on self-sustained energy, water, and waste management systems, a specialized tax exemption could be considered. If a homeowner does not use local utilities such as electricity, water, or sewage services, their reliance on government infrastructure is significantly reduced. A tax model could be introduced where property taxes are based on actual resource usage rather than a flat valuation. Homeowners who generate their own power through solar or wind, use rainwater collection systems, and manage their own waste disposal could qualify for reduced property taxes or exemptions. This would incentivize self-sufficiency while ensuring that taxation aligns more closely with service consumption.
Increase Homestead Protections
Expanding homestead exemptions or creating a property tax freeze for primary residences could prevent people from losing their homes due to escalating tax burdens. A homestead exemption works by reducing the taxable value of a homeowner’s primary residence, effectively lowering the amount of property tax they owe. For example, if a home is valued at $200,000 and a $50,000 homestead exemption is applied, the homeowner would only pay taxes on $150,000 of the property’s value. This can provide significant relief, especially for retirees, low-income families, and long-term residents who may struggle with increasing tax burdens. Implementing a larger exemption or automatically adjusting it for inflation could ensure continued protection for homeowners.