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Supremes To Hear Tax Swap Case Sept. 8
The state Supreme Court will hear arguments Sept. 8 in the case against Amendment 5, the so-called tax-swap initiative, on the November ballot.
The case pits the state and a PAC headed by former Senate President John McKay, architect of the complicated plan, against school boards and superintendents as well as Associated Industries of Florida, the big-biz lobby in Tallahassee, who argue it shouldn’t be on the ballot.
Amendment 5 would wipe out 25 percent to as much as 40 percent of property taxes—the part that goes for schools—replacing that money for at least one year with other revenue sources such as a sales tax increase.
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