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Florida’s new property tax: Why tech execs move to ‘Billionaire Bunkers’ may be right

Florida voters have given a green light to Amendment 3, a game-changing overhaul of property tax laws in the state. This will greatly enhance the homestead exemption, tripling it and providing crucial tax relief to average homeowners. However, for the ultra-wealthy with sprawling estates, the advantages of the exemption will seem rather insignificant.

First reported by Times of India 1 source
Image: Times of India
Image: Times of India
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  1. Times of India

    Florida’s new property tax: Why tech execs move to ‘Billionaire Bunkers’ may be right (opens Times of India in a new tab)

    Florida voters have given a green light to Amendment 3, a game-changing overhaul of property tax laws in the state. This will greatly enhance the homestead exemption, tripling it and providing crucial tax relief to average homeowners. However, for the…

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