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tax cut

Rick Scott signs $180M tax cut package into law

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Florida will reduce the tax pay on business pay on rent, have two, three-day sales tax holidays, and eliminate the so-called tampon tax under a $180 million tax cut package signed by Gov. Rick Scott. Scott signed the measure (HB 7109) during an event at 3C Interactive in Boca Raton on Thursday. While the tax cut package is significantly smaller than the $618 million tax cut plan Scott proposed in January, the Naples Republican said he was proud to sign…

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House passes tax-cut package, uncertain in Senate

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Although the Florida House overwhelmingly passed a $690 million tax-cut package Thursday, it still faces an uncertain future in the Senate. While the Senate looks to plug a $2.2 billion hole in the healthcare budget, the House is focused on keeping Florida’s economy growing by cutting costs for households and businesses. “One of the best ways to have a vibrant economy is to put money back in the pocket of taxpayers. That is why we cut the cellphone and TV…

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