October 1, 2018

USA: Florida Socialist Governor Candidate Andrew Gillum Wants A Stunning 40 Percent Increase In Florida’s Corporate Income Tax. Goodbye Jobs And Goodbye Businesses. ERGO Goodbye Revenue.

Herald-Tribune
written by John Kennedy, GateHouse Capital Bureau
September 15, 2018

Republicans blast candidate over the proposal as he points out neighboring states’ rates

TALLAHASSEE — A tax Republican Gov. Rick Scott once campaigned on eliminating has emerged as a big dollar, central clash between the candidates fighting to succeed him.

In a move setting him apart from usually tax-averse Florida candidates, Democrat Andrew Gillum has called for a stunning 40 percent increase in Florida’s corporate income tax — which he wants to use to raise $1 billion more for education, including $50,000 minimum starting salaries for teachers.

The Republican Governors Association has seized on the idea, ridiculing it in a new TV spot as a “disaster for the economy.” Florida’s biggest business groups also have begun sharpening their attacks.

“National headquarters of companies in this state are focused on this like a laser beam,” said Tom Feeney, a former Republican Florida House speaker and president of Associated Industries of Florida, whose members include some of the state’s biggest companies.

No comments: