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Florida's Legislative Preview

Florida Trend - 03/04/2013
» Corporate Tax Cut — Gov. Rick Scott has proposed raising the exemption on corporate income taxes from $50,000 to $75,000, a move that he says would help cut taxes for another 2,000 businesses. The cut, which would cost the state about $8 million in forgone revenue, would be another step toward Scott's pledge of eliminating the state's corporate income tax altogether. » Manufacturing — The governor has also pledged to eliminate taxes on manufacturers' purchases of equipment. The Manufacturers Association of Florida and a number of other business groups including the Florida Chamber are supporting the tax cut.

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Week In Review for February 15-19, 2010