Scott budget plan rolls back corporate biz tax, cuts property taxes $1 billionby Dara Kam | February 3rd, 2011
Gov. Rick Scott’s budget plan includes a tax cut for businesses that would decrease corporate income taxes from 5.5 percent to 3 percent and roll back property taxes by $1 billion, the governor said in Tampa this afternoon.
Scott did not reveal details of how he plans to come up with the savings while also closing a $3.62 billion budget deficit but is scheduled to release his entire budget on Monday in Eustis.
Scott’s also blaming Florida’s budget woes in part on the federal health care law recently struck down by a Pensacola federal judge as unconstitutional.