What states are thinking about eliminating property taxes? I heard Texas, and Florida are two states that are thinking about totalling abolishing property taxes and cover revenues with sales taxes. How true is this, or is it just a conspiracy theory? I would appreciate a comprehensive overview of the states that will be eliminating abolishing property taxes. Property taxes, high homeowners insurance, and high homeowners association dues are making being a homeowner unaffordable and above and beyond being able to buy a house.