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Who pays the bill when local governments cut property taxes?

A sold sign is posted outside a newly constructed luxury home in Wellesley, Massachusetts. (Charles Krupa/AP)
Charles Krupa/AP
A sold sign is posted outside a newly constructed luxury home in Wellesley, Massachusetts. (Charles Krupa/AP)

Voters in Florida have decided to cut property taxes, joining more than a dozen other states in doing so. While it can be a relief for homeowners, the cuts can deprive local governments of vital finances.

Here & Now‘s Robin Young is joined by Adam Langley, associate director of tax policy at the Lincoln Institute of Land Policy.

This article was originally published on WBUR.org.

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