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House Sales Tax Break Costs Floridians $20 Million

Just what Florida needs (sigh), more tax breaks – to the tune of $20 million.  Who voted for these folks?

Fort Lauderdale Rep. Ellyn Bogdanoff’s sales-tax package cleared the House, 116-0. The sales-tax exemption review was initially launched to try to create revenues — but Bogdanoff’s bill actually costs the state about $20 million.

The details:

* Revive Florida’s back-to-school tax holiday on clothes under $50 and school supplies under $10 for one weekend, Aug. 8-10.

* Do another tax free holiday from June 5-7 at the onset of hurricane season for items including batteries, generators, storm shutters, etc.

* Repeals the sales tax exemptions for hospital-run gym memberships, ostrich feed, magazine subscriptions, charter fishing trips with six or more passengers and “coin-operated amusement machines,” which include adult arcades (i.e. grey machines) and games at places such as Chuck E. Cheese

* Creates a new tax exemption for tickets to NBA or NHL All-Star games.

* Creates a maximum tax cap of $18,000 on the purchase of a yacht or airplane over $300,000. A tax cap of $300 would be established for fractional aircraft ownership.  Orlando Sentinel

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

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