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Wide-ranging tax exemption proposal gains steam
December 19, 2011
Sun Sentinel - Broward County

A proposed constitutional amendment that would cap the amount of taxes virtually all property owners pay is quickly gaining traction in Tallahassee.

For most homeowners with homestead, it would mean a super exemption on top of current exemptions, ranging from 15 to 30 percent of their property's fair market value of between $75,000 and $400,000. The exception: Those whose Save Our Homes benefit exceeds the super-exemption

 
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