Post by Logan on Jan 30, 2016 2:57:43 GMT -6
Florida House omits centerpiece of Gov. Rick Scott’s $1 billion tax cut plan
TALLAHASSEE -- The centerpiece of Gov. Rick Scott’s tax cut plan may have already been dealt a fatal blow as state legislators instead are considering a wider range of sales tax reductions on everything from guns to smart phones in an election year.
The House rolled out a tax cut proposal this week that has almost $1 billion in reductions like Scott has requested, but omits the Republican governor’s biggest idea: elimination of corporate income taxes on manufacturers and retail businesses.
Rep. Matt Gaetz, the chairman of the House Finance & Tax Committee, praised the governor’s overall tax cut plan, but said he was looking for cuts that would “hit Main Street a lot harder.”
Under the initial plan Gaetz outlined, the House would have four different sales tax holidays, including:
Read more here: www.miamiherald.com/news/politics-government/state-politics/article57149508.html
TALLAHASSEE -- The centerpiece of Gov. Rick Scott’s tax cut plan may have already been dealt a fatal blow as state legislators instead are considering a wider range of sales tax reductions on everything from guns to smart phones in an election year.
The House rolled out a tax cut proposal this week that has almost $1 billion in reductions like Scott has requested, but omits the Republican governor’s biggest idea: elimination of corporate income taxes on manufacturers and retail businesses.
Rep. Matt Gaetz, the chairman of the House Finance & Tax Committee, praised the governor’s overall tax cut plan, but said he was looking for cuts that would “hit Main Street a lot harder.”
Under the initial plan Gaetz outlined, the House would have four different sales tax holidays, including:
Read more here: www.miamiherald.com/news/politics-government/state-politics/article57149508.html