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 4 th.
The plan also eliminates Florida’s sales tax on feminine hygiene products that women’s groups have been targeting for decades.
Copyright 2020 WFSU. To see more, visit WFSU.