Budget chiefs Rep. McKeel, Sen. Negron talking big tax cuts for 2014

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The Florida Legislature wants to give you something in 2014 — your own money. Lakeland state Rep. Seth McKeel and Palm City state Sen. Joe Negron tell Scott Wheeler of the Lakeland Ledger that lawmakers are poised to give tax cuts for Floridians in the next legislative session, which begins March 4.

“With the modest increase in revenues, we are seriously looking at a substantial tax cut for residents,” said McKeel, who chairs the House Appropriations Committee.

Among the proposals to reduce taxes for next year is an extension of the popular back-to-school sales tax holiday. Instead of lasting a weekend (as it does now), the holiday would be stretched to an entire week.

Negron, the chair of the Senate Budget Committee, is already pushing his favorite tax cut, reducing the tag registration fees which doubled in 2009 due to the poor economy.

“The tag increase in 2009 alone was $230 million,” Negron told reporters.

Other ways the Legislature is looking to reduce taxes are lowering the limits for school boards when making changes property taxes and reducing fees charged on property transfers and mortgages, called “documentary stamps.”

No matter how they arrive at it — either increased revenues or removing tax exemptions — some members of the Legislature are committed to tax cuts for families and individuals next year. 

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.