US EditionRick Scott backs sales tax cuts proposed by Daniel Perez
- Florida House Speaker Daniel Perez, R-Miami, proposed cutting the state's sales tax rate from 6% to 5.25%, a move that would impact tourists and residents alike, during ongoing legislative discussions focused on tax reform and state budget concerns.
- The rationale behind the sales tax cut is to provide broad-based tax relief to Florida families and address the ballooning state budget, which has increased significantly in recent years, outpacing population growth.
- The proposal to reduce the sales tax is tied to efforts to reduce state agency spending, potentially impacting local businesses that rely heavily on tourism, and could save taxpayers billions, although concerns exist about addressing the anticipated revenue deficit.
- Perez stated, "We cannot spend our way out of a spending problem," emphasizing the need for fiscal responsibility and a permanent tax reduction, while also directing Ways & Means Chairman Wyman Duggan to produce a bill for the sales tax cut.
- While the House has shown support, overriding some of DeSantis's budget vetoes, the sales tax proposal requires Senate approval and careful consideration to balance revenue generation, debt repayment, and the need to ensure Florida's continued attractiveness to tourists and residents, especially considering the state recorded approximately 142.9 million visitors in 2024.
26 Articles
26 Articles
Denver Gazette
Colorado Springs GazetteDeSantis rails against Florida legislature’s priorities as he pushes to axe property tax
Gov. Ron DeSantis (R-FL) targeted Republicans in the Florida legislature for their focus on other priorities while he promoted a proposal to cut property taxes in the Sunshine State. Florida House Speaker Daniel Perez (R) has championed a proposal to…
Tallahassee Reports
News Service of FloridaDeSantis Pushes Back on Sales Tax Proposal
By Jim Turner, The News Service of Florida TALLAHASSEE — Gov. Ron DeSantis on Monday argued Floridians aren’t “clamoring” for a sales-tax cut as House Speaker Daniel Perez proposed last week and said they would prefer reducing homeowners’ property taxes. DeSantis said during an appearance at the industry group Florida Realtors in Orlando that the House sales-tax proposal should be swapped for a one-time tax break for homesteaded property owners.…
The Daily Republic
Governor proposes county sales tax option to reduce residential property taxes
PIERRE — South Dakota Republican Gov. Larry Rhoden unveiled a proposal Monday that would give counties the option to implement a half-percent sales tax to fund property tax reductions for homeowners. Rhoden said the plan could save hundreds of dollars annually for typical homeowners in some areas. Counties that opt-in to the plan would shift some of their residential property tax burden to consumers, he said, including tourists from elsewhere ma…
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