Is Florida Over? - WSJ.com

Florida is now scrambling to reduce property taxes and the cost of homeowner's insurance. Over the summer, Gov. Charlie Crist signed a bill to roll back property taxes to last year's level. Next year, Floridians could vote on a constitutional amendment that would lower property taxes by increasing the tax exemption given to permanent residents. New legislation also requires the state-run Citizens Property Insurance Corp. to freeze rates in 2007. The idea is to keep other insurers from raising their prices.