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Prop. Tax Amendment Passes
A ballot proposal cutting property taxes has won over Florida voters, easily getting the 60 percent vote it needed.

Governor Charlie Crist stumped the state telling Floridians they needed a break with Amendment 1.

But critics say it will exacerbate inequities in Florida's tax system and reduce vital public services including schools, fire protection, law enforcement.

Last year the Legislature passed a tax rollback, which did not require voter approval.

It's estimated to save taxpayers up to 15 billion dollars over five years, including $174 for the average homeowner in the first year.

The Legislature then placed Amendment 1 on the ballot.

It is expected to cut taxes another nine billion dollars in the first five years.

It offers primary homeowners, or homesteaders, the estimated $240 annual savings, more for those who move, and other reductions for businesses, second homes and other non-homestead properties.

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