Amendment 5 is the proposal to replace school property taxes with higher taxes elsewhere. It will be on the Nov. 4 ballot. It would eliminate about 25 percent of your property owner’s tax bill in return for higher sales taxes. Gov. Crist describes the amendment as “steroids for Florida’s sluggish economy.”
Sun-Sentinel reports: “A Florida Chamber of Commerce survey of 1,600 registered voters released Tuesday found only 40 percent supported the concept, while 40 percent opposed it. Constitutional amendments require 60-percent approval to pass.”
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