Governor Rick Scott outlines his plans for securing Florida’s Future at the Florida Chamber’s annual Insurance Summit.
Governor Rick Scott outlines his plans for securing Florida’s Future at the Florida Chamber’s annual Insurance Summit.

Targeted Tax Reforms

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Florida’s economy is getting more competitive and growing again due, in part, to an improving tax climate. Last year, Washington’s dysfunction shut down the federal government— a move that cost Florida’s families and businesses dearly. Thanks in large part to the politics in Washington, D.C. and no-growth states like California and New York, the United States’ rank in the International Economic Freedom Index is falling. Florida, however, has an opportunity to serve as an example of how a growing private sector leads to prosperity for more Floridians and a brighter future for the next generation. We must fight to keep consistent tax and regulatory systems, continue to reign in our state’s government-run property insurance company and champion a fair legal climate to improve job growth.

 

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Communications Service Tax

Driving a fair and equitable tax system is key to attracting and retaining businesses in our state. Limiting burdensome taxes by enacting smart and targeted tax reforms helps place money back into the pockets of Florida’s families. Telecommunications plays a great role in Florida’s recovery and as such, we should push back against outdated laws that only cause more burdens for Florida’s businesses and families alike.

Commercial Lease Tax

Driving a fair and equitable tax system is key to attracting and retaining businesses in our state. Limiting burdensome taxes by enacting smart and targeted tax reforms helps place money back into the pockets of Florida’s families. We must continue to push back against initiatives that make us less competitive in comparison to other states and become the number one state for business. Florida should clarify existing tax law so businesses can be aware of what rent actually entails.

 

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The communications service tax stands in the way of Florida’s path toward a stronger and more competitive business climate. In the digital age that we live in, charging a tax that affects all Floridians is an unnecessary burden that weighs down businesses and families.

While the recommendation has been made by Governor Scott on the reduction of the commercial sales lease tax, we must remain diligent in fighting for this proposal. We must continue to create a state that attracts and retains businesses of all sizes. Reducing this tax puts money directly in the pockets of job creators, allowing them to expand, grow and become more productive.

 

Related Resources
Targeted Tax Reforms Archives

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