President Trump has publicly announced a plan to eliminate property taxes nationwide in the United States, describing property taxes as “permanent rent to the government” and expressing a desire for no more property taxes across the country. However, there is no official federal legislation yet that fully abolishes property taxes nationwide.
Recent legislative actions related to Trump’s tax agenda include the signing of the “One Big Beautiful Bill Act” on July 4, 2025, which extends and modifies various tax cuts but does not explicitly eliminate property taxes. The bill does include provisions to raise the state and local tax (SALT) deduction cap from $10,000 to $40,000 temporarily, which benefits homeowners in high-tax states by allowing them to deduct more of their property taxes on federal returns. This measure is seen as a significant tax relief for property owners in states with high property taxes but stops short of abolishing property taxes altogether.
At the state level, there are movements in several states seeking to reduce or eliminate property taxes, with some lawmakers calling property taxes “rent” paid to the government and proposing frameworks to study and potentially phase out property taxes. These efforts vary by state and have not yet resulted in a nationwide policy.
While President Trump has announced his intent to abolish property taxes nationwide, current laws and recent tax legislation have focused more on increasing deductions and providing tax relief
rather than outright elimination of property taxes across the United States.
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