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Scott not retreating on corp income tax cut

by John Kennedy | May 2nd, 2011

A day after Senate President Mike Haridopolos toughened his stance against the governor’s must-have corporate income tax cut, Republican Rick Scott said Monday that he still expected lawmakers to take steps to reduce the $1.8 billion levy.

A roughly 25 percent reduction in water management district property-tax collections was agreed-on Sunday by House and Senate budget negotiators. The cut was part of Scott’s wide-ranging $2 billion plan for slashing taxes. But is the water management district cut enough for Scott to declare victory?

Probably not, the governor said.

“I’m glad that they are doing the right thing in regards with water management districts,” Scott said. “And I remain confident that we’re going to start the process of eliminating the business tax. It’s clearly the way to get our state back to work.”

Would he veto a budget that didn’t make room for the tax cut, as the governor has hinted in radio addresses and interviews?

“I focused on three things with this budget,” Scott said. “Step one, we need to reduce the size of this budget.

“Everything I’m doing, as you know, as governor, is to get our state back to work….We still have a million people without a job. The budget that I expect to sign will reduce the size of government, the cost of government, and the business tax.”

Haridopolos on Sunday said he didn’t think the Senate would go along with cutting the corporate tax, although he conceded that he and Scott’s office had been working on some reduction plans.

 Scott’s proposal would have reduced the tax by $333 million next year– but Haridopolos said the Senate is more inclined to look at other reductions, leaving the 5.5 percent corporate income tax at its current level.

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7 Responses to “Scott not retreating on corp income tax cut”

  1. Tom Says:

    Is this a surprise? Mr. Scott is a leader of the CSA, the Corporate States of America. More tax cuts for those who pay litte or no tax while the Gov cuts and taxes the middle class and takes away collective bargaining rights. When is the next election so this guy can be one term and out.

  2. dark gator Says:

    How do you like that? Scott trying to nose in on Obama’s day! What a loser.

  3. PFM Says:

    Where are the jobs? I don’t believe any corporation should get any more tax cuts or any new ones coming into the state should get any tax cuts unless they hire Flordians that are out of work and need the job. If you must have tax cuts it should be tied to new state workers.

  4. Bruce Says:

    Tax cuts for corporations only mean more profit they could keep. Corporations are not going to shift their savings to capital expenses or hiring. If they hire, it will only be minimum wage no benefit jobs and they will take credit for hiring. Scott doesn’t talks about the type of jobs he will create if he creates any! We will soon be adding government employees to the unemployment line.

  5. Vote Out All Republicans Says:

    “The budget that I expect to sign will reduce the size of government, the cost of government, and the business tax.”

    CORRECTION: The cost of government will rise becuase you want to INCREASE corporate welfare in addition to other unnecessary and insane cuts. You are costing the taxpayers MORE and delivering LESS. Where are the jobs?!

  6. Brittanicus Says:

    E-Verify! E-Verify! Mandated by Federal law, that identifies every American, old and new hires throughout America. This is ATTRITION BY ENFORCEMENT. All Americans should demand this from our Senators and Representatives–if not Join the TEA PARTY. they will enforce the 1986 Immigration law. Stop the growth of Government, lessen your taxes, specially those that are supporting illegal aliens and the 300.000 foothold babies annually. Under the TEA PARTY no more amnesties, Dream Act, Sanctuary Cities and States, No more Chain Migration or Immigration reforms of any kind.

  7. limpwrist Says:

    Rick Scott has a mob associate in his leadership coalition. Meet 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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