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Florida GOP's 'incredible unforced error' pinpointed as 'truly staggering' numbers exposed

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Summary

Florida voters just approved a Republican-backed property tax cut that could gut the budgets of more than 100 cities, and critics say the state’s small towns will be hit hardest. Amendment 3, which voters passed on Tuesday, creates a $250,000 homestead exemption from non-school property taxes starting in 2028. According to a Florida League of Cities analysis based on state Department of Revenue tax rolls, 108 Florida cities are projected to lose 90% or more of their homestead tax base. For five cities (Greenville, Jacob City, Jennings, Noma and Otter Creek), the projected loss is 100%. “The…

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  1. Raw Story Left Factuality: Mixed US
    Florida GOP's 'incredible unforced error' pinpointed as 'truly staggering' numbers exposed

    Florida voters just approved a Republican-backed property tax cut that could gut the budgets of more than 100 cities, and critics say the state’s small towns will be hit hardest. Amendment 3, which voters passed on Tuesday, creates a $250,000 homestead exemption from...

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