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Florida’s Property Tax Cut Proposal Could Boomerang on Commercial Owners

Florida built its reputation on low taxes. The Sunshine State’s constitution famously prohibits a state income tax. The feature has attracted vacationers and retirees , and, more recently, billionaires , helping to transform the state’s once-vast swampland into an economic powerhouse. Florida could soon cut another major source of government revenue: property taxes. If approved […]

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