Just The News: Republican state lawmakers in Florida are pushing ahead with what would be the single-largest tax cut package in state history.
As Floridians, and all Americans, pay more for every day purchases due to surging inflation and depleted supply stemming from supply chain issues, some lawmakers are seeking to reduce the state’s tax burden.
The package, submitted to the House Ways and Means Committee, would reduce sales taxes and property taxes for some Floridians and expand several tax holidays.
If enacted, the measure would increase the property tax exemption for widows, widowers, blind and disabled persons by 10 times the current cap, and provide retroactive property tax relief for owners of Champlain Towers South Tower properties in Surfside.
“Today we introduced the single-largest sales tax cut package in the history of the state, giving Florida residents back more of their hard-earned money,” House Speaker Chris Sprowls, R-Palm Harbor, said. “We’ve expanded existing tax cuts like the popular Freedom Week, Hurricane Preparedness and Back-to-School holidays, and we introduced new tax cuts to ensure that every person who resides, works and pays taxes in Florida is the beneficiary of these tax breaks.” more here
Hey, we divorced people are as disserving of tax breaks as widows and widowers.