Chainsaw Vs. Scalpel: Scott Weighs Tax Cut Package
Governor Rick Scott suggested a chainsaw but lawmakers preferred a scalpel when it comes to the latest round of tax cuts.
The $91.6 million tax-cut package that just landed on Scott’s desk falls far short of the $618 million behemoth he proposed. But it has some incentives Scott is bound to like.
The plan cuts a sliver off of the 6 percent commercial lease tax, lowering it to 5.8 percent. There’s a three-day, tax-free holiday for hurricane supplies beginning June 1. Back-to-school shoppers would also get three days of relief, beginning August 4th.
The plan also eliminates Florida’s sales tax on feminine hygiene products that women’s groups have been targeting for decades.