Florida Republicans propose tax cuts for utilities, but not homeowners

TALLAHASSEE — Florida House Republicans are proposing cutting taxes for utilities and businesses. But they’re pitching fewer tax breaks this year for everyday consumers, including for Floridians experiencing sky-high property insurance premiums. Under a proposed tax package released this week, House leaders are considering allowing utilities that build solar, often in in rural counties, to avoid paying some taxes — an idea long sought by Florida Power & Light. They also want to cut the business rent tax from 2% to 1.5%, saving companies an estimated $339 million. With legislative leaders warning about federal pandemic money drying up, they’re proposing fewer sales tax holidays and not renewing tax breaks on gas stoves and Energy Star appliances. And they’re not supporting…

Source: Tampa Bay Times
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