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Florida Amendment 3 could cut property taxes by up to $250,000, but Miami-Dade warns of $385M revenue loss

Florida Amendment 3 could cut property taxes by up to $250,000, but Miami-Dade warns of $385M revenue loss
Photo: CBS4 Miami · view original

Florida voters face a significant decision this November regarding Amendment 3, a proposal that promises property tax relief but carries warnings of substantial revenue losses for local municipalities.The measure would allow homeowners with a primary residence in Florida to reduce their home's taxab

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