Should governments abolish or significantly reduce property taxes for homeowners?

Context

Property taxes fund local schools, infrastructure, and services, but they're a contentious revenue source because homeowners pay annually based on property value. Proposals to abolish or reduce them raise fundamental questions: how would governments replace lost revenue, who benefits most, and what happens to public services? The debate intensified in 2026 as Florida's governor unveiled an elimination plan, sparking nationwide discussion about tax reform and local government financing.