Selling sunshine is not enough
Florida Gov. Rick Scott that he again included a reduction in the state's business rent tax – as part of his proposed 2017 budget that he'll send to the Florida Legislature for consideration. "Florida is the only state that has a tax on commercial leases. It's unfair to our small businesses, and it makes it more difficult to attract new business and industry to the Sunshine State. It also causes an additional burden if an existing Florida business hopes to invest more or expand, which in turn creates new opportunities for families in their communities." In addition to the business lease tax deduction, Scott proposed the following tax cuts: Four sales tax holidays that would save Floridians an estimated $98 million this year: $72 million during a 10-day back-to-school sales tax holiday; $7 million from a nine-day disaster preparedness sales tax holiday; $18.4 million from a three-day veteran's sales tax holiday; and $500,000 from a one-day camping and ...