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Florida Keys News
Friday, October 5, 2012
Amendment holds pain and promise
Proposed property tax breaks good for some, but potentially costly for others

A statewide amendment going before voters in November would give a substantial property tax break to first-time homeowners and the owners of non-homesteaded property -- but it also would cost local governments millions of dollars in property taxes.

Amendment 4, which will be on the Nov. 6 ballot, would give a tax break to first-time homebuyers, who are defined as those who h...

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