tax reform

Bill Nelson via facebook

Florida’s U.S. Senator Bill Nelson is slamming the Republican tax bill. Both houses of Congress passed the measure Wednesday on largely party line votes. Nelson says the package benefits corporations more than working people. 

C-SPAN

On a party line vote, the U.S. Senate has rejected an amendment from Sen. Bill Nelson (D-FL) making tax cuts for individuals permanent in a tax-reform measure backed by the president and GOP leaders.

Anti-tax crusader and conservative leader GROVER NORQUIST, founder of Americans for Tax Reform, has worked to limit the size and cost of government, oppose higher taxes at the federal, state and local levels, and support tax reform that moves toward taxing consumed income one time at one rate.

A bill that would let Florida collect sales tax from online retailers cleared a hurdle in the Senate on Tuesday. The change could bring in hundreds of millions of revenue dollars, but the cash influx would be offset by new tax breaks.

The bill is being called the Detert-Margolis Tax Reform Act, named for co-sponsors, Republican Sen. Nancy Detert and Democratic Sen. Gwen Margolis. It passed the Commerce and Tourism Committee on Tuesday.