|
Updated: 9:11 PM Jul 22, 2008
Amendment Five
A controversial tax swap plan is causing a stir in Tallahassee. Tuesday, the Florida Association of Realtors announced a million dollar effort to pass Amendment 5. The amendment would cut property taxes and raise the sales and other taxes. Teachers say the amendment would short change schools. Posted: 3:30 PM Jul 22, 2008Reporter: Whitney Ray Amendment #5 |
|
A controversial tax swap plan is causing a stir in Tallahassee. Tuesday, the Florida Association of Realtors announced a million dollar effort to pass Amendment 5. The amendment would cut property taxes and raise the sales and other taxes. Teachers say the amendment would short change schools.
In November Floridians will be asked to change the way public schools are funded. A proposed tax swap plan would eliminate the portions of property tax earmarked for schools. The plan would lower property taxes.
The tax cut would save home owners about 9 billion dollars, but a one cent sales tax increase would only raise 3 billion. State Rep. Frank Attkisson of Kissimmee says that leaves state lawmakers looking for ways to keep schools open.
“The one penny sales tax is just an option. There are another menu of options to make up the difference. We’re not trying to short change schools at all. We’re going to fund them but we’re going to fund them with a much more dynamic economically strong activity.”
Mark Pudlow of the Florida Education Association says the plan leaves schools in limbo…
“It’s one of those things were, they’ve left the commitment as vague as possible.”
The Florida Association of Realtors has vowed to spend a million dollars campaigning for Amendment 5. Realtors spent a million dollars pushing Amendment One, which passed in January and promised to save the state’s housing market.
John Sebree of the FAR says its strong.
“This is Amendment one on steroids. This is Amendment one times 5 or 6.”
Realtors credit amendment one for the recent increase in statewide home sales, but sales are down when compared to last year’s numbers.
For more on the WJHG.com Commenting Policy, click here.
- Tropical Storm Ida
- Missing Chipley Baby Case Results In An Old South Carolina Case Being Reopened
- Babysitter's Family Members React To Her Arrest
- Bay County Islamic Society Reacts to Ft. Hood Killings
- Port St. Joe Single Car Wreck
- Armed Robbery at Deerpoint Dam
- Panama City Fishing Rally
- PHOTOS: Baby Shannon Found Inside Closed Cedar Chest for Nearly 12 hours
- Unemployment Benefits Extension
- Fisherman Protest to Save Jobs
- PHOTOS: Baby Shannon Found Inside Closed Cedar Chest for Nearly 12 hours
12 Comments - Promise of Free Stimulus Money Leads to Nearly 40 Arrests
8 Comments - FDLE Investigating Lynn Haven Police Department Missing Money
4 Comments - Babysitter's Family Members React To Her Arrest
3 Comments - Deputy Crashes Cruiser into Pole
2 Comments - Update: Panama City Police Department Union Negotiations Underway
2 Comments
| Find It! Find Links and In-Studio Interviews from NewsChannel 7 NewsCasts. |
|
![]() |
Scam Alert! Don't be scammed! Find the latest scam's right here, or report one! |
![]() |
News Only Videos Tired of Reading the News? You’ll find news video and much more right here. |
![]() |
Money Top Money and Financial Headlines. |
![]() |
Health Watch Watch videos and read the latest Health and Medical News. |
![]() |
Pet Pals See what animals are up for adoption. |
![]() |
Restaurants Dining in or Out? Find local restaurants here |
![]() |
DTV FAQs Confused about the digital transition? Find everything you need to know right here! |

Amendment #5









