“States will not buy into this...”
He got the idea from DeSantis.
Exactly. However, even if Trump were able to do this , keep in mind that your annual real estate tax bill is not just “real estate”. There are school taxes and other municipal taxes included in that bill which will remain. That’s what we learned here in Florida after seeing the DeSantis plan.
Property Taxes are a huge cash cow many States and School districts...Might work in FL that has many revenue streams but like Arkansas, Mississippi,Louisiana and other States with few revenue streams this is a non-starter.
Americans have been screaming about and demanding property tax relief for many decades, probably before DeSantis was born.
It's just more government seizure of assets. How bad is it? They'll seize the homes of veterans/citizens who've been paying ever increasing property taxes for 30-40+ years. Even if they finally pay off their homes, they still have to rent it from corrupt ever growing government who shower themselves with their government gold plated pensions and tax paid fat incomes.