Rick Scott on Corporations

Fighting for Florida's Future: cut the commercial lease tax

One of the taxes we are fighting to cut is the commercial lease tax, which unfairly targets small businesses.

Florida is now the only state in the nation to tax commercial leases. Our "Fighting for Florida's Future" tax cut package will begin to repeal this unfair tax to help small businesses.

Do away with commercial lease tax

Eliminate thousands of regulations on job creators

Two years ago, we knew we had been called here to make the difficult choices to help Florida families get back to work. Together, we faced these challenges head on. We cut taxes... We eliminated thousands of regulations on job creators... We paid down state debt for two years in a row... We invested in priorities--like education... And, now our economy is on the rebound. It's working.

Because we made the hard choices over the last two years, we are able to make the smart choices to keep our economy growing this year.

Remove the sales tax on manufacturing equipment

As long as even one Florida family needs a job, our work is not done. That is why we are committed to removing the sales tax on manufacturing equipment. Florida is one of only a few states with this tax, and we lag behind the nation in per capita manufacturing jobs. We need to level the playing field to compete for manufacturing jobs. Every manufacturing job supports two to three other jobs in our state.

This year, we are also proposing that we continue to roll back the business tax by exempting 2,000 more small businesses from having to pay it. If we are successful this year, we will have removed the business tax from 70% of businesses since taking office. I am committed to getting rid of this tax entirely.

Phase out Florida's Business Income Tax over 7 Years