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Scott says corp tax cut “right thing for the state”

by John Kennedy | April 25th, 2011

The blurry framework of a state budget showed some signs of emerging Monday, but scores of big-ticket issues and personal  friction continue to stand between state lawmakers and a deal.

Gov. Rick Scott also is a wild card — repeating his call Monday for a corporate income tax cut that failed to gain support earlier in the day in a Senate committee.

“I’m confident it’s going to happen,” Scott said. “Just discussions I’ve had, I think it’s going to happen. It’s the right thing for the state.”

Senate Budget Chairman J.D. Alexander gave prospects for the tax cut poor odds, shortly after the Senate Commerce and Tourism Committee postponed action on a Scott-pushed proposal carried by Sen. Garrett Richter, R-Naples.

 But Scott said lawmakers could enact the tax cut without having to slash even deeper budget proposals that already reduce public school spending by at least $1 billion.

“I think there are funds there,” Scott said.

Scott spoke after a closed-door meeting with former U.S. Sen. Bob Graham, who also was Florida’s chief executive from 1979-87. Graham said the pair exchanged ideas about economic development. But he also said he didn’t put a lot of faith in tax cuts as a catalyst for luring businesses.

Florida’s history shows that tax cuts have coincided with periods of low growth in jobs.

“That doesn’t seem to be a very strong recommendation that tax cuts are either the way to create jobs or enhance the value of  jobs,” Graham said.

Graham also is wary of the reductions in education spending promoted by Scott and lawmakers.

Graham said he shared his concern with Scott. It was received, “respectfully,” Graham said.

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9 Responses to “Scott says corp tax cut “right thing for the state””

  1. save Florida Says:

    HOW DOES TAX CUTS FOR CORPORATIONS MAKING BILLIONS HELP UNEMPLOYED WORKERS WHO CANT AFFORD TO BUY ANYTHING HELP!!!!! i’M SOOOO SICK OF THIS HIPOCRACY AS I WATCH HARD WORKING PEOPLE LOSE THEIR JOBS. RICK, YOU ARE SO MISGUIDED AND TRULY WITHOUT A SOUL. FU & GTH YOU HYPOCRITE AND CRIMINAL.

  2. once republican Says:

    Tax cuts are not going to solve anything. When the GOP takes a walk then we can figure out what we must do to prosper in a fair and equitable way. I’m afraid there is no other way.

  3. dark gator Says:

    What a shameless self-promoter. Scott is desperately trying to grab headlines away from that other brainless governor, his main competitor for fool-in-chief — the one in Arizona.

  4. Lunatic Watch Says:

    I own a small business, have for almost 30 years. I don’t need a corporate tax cut, I need more customers. I’ve never made close to $250k, and neither have any of the other small business owners I know, so I don’t understand the logic behind a corporate tax cut when it really wouldn’t benefit us. If I made $250 grand a year, I’d have no problem paying my share of taxes, even at 40% I’d still be putting $150k in my pocket! I think most of us could have a very comfortable life at that number, but obviously Dick Scott and his buddy’s can’t… he needs to go on a hunting trip with Dick Cheney

  5. npgator Says:

    You liberals have no clue how to run a business.

  6. Richard Cranium Says:

    … and conservatives have no idea how to run a country

  7. Big Johnson Says:

    Yes history has proven that corporate tax cuts do not provide jobs or increase business. Where are the jobs from the Bush tax cuts? Do the teabaggers even realize that it was the corporate tax cuts for the East India Trading Company that prompted the action known as the Boston Tea Party? Businesses do not generate business, consumers do.

  8. Mike Says:

    so your going to cut taxes on giant business and the wealthy while cutting teacher pay and laying off the others? Forget drinking the kool-aid, drink the tea! God bless America!

  9. limpwrist Says:

    Rick Scott has a mob associate in his leadership coalition. The man to get Florida back on track is Joe Ardolina of American Truck Sales. He’s a former vice president in the now defunct H&W Refuse Service whose president was Anthony Carione, fingered by law enforcement along with his brother Frank Carione, as then active figures in the underworld. Another brother, Joseph Carione, plead guilty to defrauding the government as a co-defendant in a case that involved Colombo crime boss Andrew Russo.

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