Gov. Ron Desantis Request For Tax Breaks Was Not Approved Instead An Alternative Of His Request Will Benefit Business Owner And Customers. $1.3 Billion Tax Breaks Was Slashed That Would Come From The Consumers.
Tax proposal that would benefit business and shoppers
On February 1, Governor Ron DeSantis passed a tax and budget proposal that did not include commercial-lease tax. Florida lawmakers then approved but did not gave DeSantis the thing that he proposed, instead the alternative was to benefit the business and consumers.
Still a $1.3 billion tax was slashed out from the consumers, that would exempt simple products like diapers, wipes, other baby essentials from huge taxes. House Speaker Paul Renner, said that when having a baby one should prepare, and in that preparation includes the cost of having a baby which is most likely expensive, these cuts in taxes will help families raising a baby to not be too burdened of the daily or monthly cost of products.
Read Also: State Tax Cut Policies Prop Up Income, Fanning Inflation Worries
Read Also: Brazil inflation data paints rosier picture after fuel tax cuts
Read Also: A Consumer Guide to the Inflation Reduction Act
Leave a Reply