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Legislature Creating New Sales Tax Breaks

At the same time lawmakers are slashing the state budget, considering laying off dozens of government workers and increasing fees and taxes, they are also pushing a break for the richest Floridians.

A bill moving through the Legislature would cap the sales tax on boats and planes at $25,000. It’s being called the Aviation and Maritime Full Employment Act.

“The bill does exactly what the name suggests: It is designed to create jobs and spur economic growth,” Rep. Tom Grady said before a House panel voted Tuesday to advance the proposal.

But the move comes as lawmakers have agonized over closing existing sales tax exemptions to help plug a $3 billion budget hole — an exercise that has all but been abandoned.

“It’s ridiculous,” said Rep. Scott Randolph, D-Orlando. “We’re talking about increasing the cost of a driver’s license and other fees, and now we’re going to hand out tax breaks to those who can afford yachts and planes? People would be outraged.”  [St. Pete Times]

Rep. Randolph is right.  People would be outraged.

Read the rest of the story here.

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Filed under: Florida, Florida Legislature, Florida Politics, , ,

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