Florida voters will get a chance to vote on swapping a third of their property tax bill for a penny increase in the sales tax -- and a promise that the Legislature will fill the $9.6 billion hole in school funding in 2011 -- under a plan voted on by the Taxation and Budget Reform Commission on Monday.
The panel, which has the power to put constitutional amendments directly before voters, voted 21-4 to place the proposal on the November ballot. It will eliminate an average of 33 percent of all property taxes in Miami-Dade County, 35 percent in Broward County and 25 percent statewide and replace it with a penny increase in the 6-cent sales tax.
But because the sales tax increase covers only a fraction of the lost revenue and the measure requires that school budgets not be cut, several business groups said they fear it could force the Legislature to adopt a services tax.
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