Property-tax proposal could give South Florida big savings

TALLAHASSEE --

One of the biggest tax cuts in state history is headed for the November ballot, after a powerful state commission voted Monday to put an amendment before voters that would scrap most of the portion of local property taxes that goes to schools.

If approved, the amendment would force the Legislature to make up the lost money by hiking the sales tax by up to a penny, cutting the state budget and eliminating some sales-tax exemptions.

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