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It’s Your Money

Florida House approves $300 million worth of tax cuts

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Floridians may see a small cut in their cellphone bills under legislation passed by the Florida House. The House overwhelmingly approved the tax cut package on Friday. Senate leaders have said they plan to enact tax cuts, but they haven’t committed to an amount yet. If passed, the tax cuts would save Floridians about $10 a year in cellphone taxes as opposed to the $43 a year break that Gov. Rick Scott wanted lawmakers to pass. The cut to the…

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