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A property tax cut you could vote on in November is being challenged by a state senator. Later this week the Taxation and Budget Reform Commission will vote on a plan that would cut property tax by 25 percent and raise the state sales tax by a penny. Cutting property tax by 25 percent would reduce school funding by more than 8 billion dollars, while early estimates show a penny sales tax increase wouldn’t raise near as much. Senator Mike Haridopolos said the plan will actually increase taxes in the long run.

“People are going to think this is some major tax decrease in exchange for a one penny sales tax. That’s far from the truth and we just want to make sure all the information is out there so people can make an informed decision and it doesn’t get framed as a tax break when in fact it is just the opposite,” said Haridopolos.

If the Taxation and Budget Reform Commission approves the plan, then it would be in the hands of voters in November.