Today, Governor Rick Scott announced during the “Fighting for Florida’s Future” Tax Cut Tour that he is proposing $618 million in tax cuts to help Florida families and small businesses, and ensure taxes are cut for Florida’s future generations. These tax cuts will encourage job creators to add more jobs and build opportunities now and in the future.
"Governor Scott's 'Fighting for Florida's Future' tax package includes a number of cuts which will significantly support Florida's retailers, including a reduction in the business rent tax, cutting the business tax and including an expanded back-to-school sales tax holiday among others," said FRF President & CEO Randy Miller. "FRF is excited about what the Governor's tax cut package will mean for growing Sunshine State businesses, creating new jobs for Florida families and ensuring our state remains competitive."
Governor Scott said, “While Florida’s economy has made great strides over the past six years, we have to continue to fight for Florida’s future and ensure our children and grandchildren have the opportunity to succeed in our great state. We know one of the best ways to do that is to keep cutting taxes, and even though we have already cut more than $6.5 billion in taxes, we can do more. That is why I am fighting for Florida families and our future generations by recommending to cut taxes by $618 million this year.
“When we cut taxes, it helps businesses create jobs – jobs that ultimately help the poorest, most disadvantaged families in our state. As I travel the state, I have been humbled by the stories of single parents, young students, new citizens and countless other Floridians who have shared with me how much of a difference a job has made in their life and in the lives of their families. These incredible stories are why we are fighting to secure a bright future for Florida, and cutting taxes will help make our state the top location for job creators to invest in for generations to come. I made a promise to keep fighting for jobs until my very last day as Governor, and I ask the Legislature to join me in fighting for the future of our students, our small businesses, our veterans and our families by cutting $618 million in taxes this year.”
Governor Scott’s “Fighting for Florida’s Future” tax cut package includes:
For Immediate Release: February 11, 2016
TALLAHASSEE, FL – The Florida Retail Federation (FRF), the state’s premier trade association representing retailers for over 75 years, announces its support of the Florida House passing HB 7099 (Tax Package) earlier today. Below is a response from FRF President/CEO Randy Miller on its passage:
“FRF applauds the Florida House for passing a $1 billion tax package which includes a number of tax cuts that will help retailers reinvest back into their company and create new jobs. We want to thank Chairman Matt Gaetz for his leadership and collaboration with our members and the state’s business community in developing a plan that will benefit Florida business owners, families and visitors.”
ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity.
Florida’s Department of Revenue released the official list of items eligible for this year’s back-to-school sales tax holiday including additional information for those businesses participating in this annual event. FRF was proud to do our part in working closely with the state legislature and Governor’s office in ensuring the back-to-school sales tax holiday was renewed for this year.
We hope all of our members enjoy a successful and profitable summer shopping season.
For Immediate Release: June 24, 2015
Recently expanded 10-day back-to-school sales tax holiday comes at right time, with 30 percent of families expecedt to increase spending on school supplies in 2015; More parents to comparison shop for best deals
TALLAHASSEE, FL– With the recent positive news that Florida’s annual back-to-school sales tax holiday was included in the state’s final budget and expanded to a record ten days, the Florida Retail Federation (FRF), the state’s premier trade association representing retailers for over 75 years, says Florida families expect to increase their spending on school supplies this year, meaning good things are in store for Florida retailers.
“Thanks to the commitment of both the Florida legislature and Governor Scott on expanding the back-to-school sales tax holiday, the timing couldn’t be better as Florida families will see extended savings while retailers can expect increased sales,” said FRF President/CEO Rick McAllister. “Families are already starting to prepare for the upcoming school year, and this annual back-to-school shopping season is the second busiest behind only the winter holidays in terms of sales.”
According to the National Retail Federations’ Retail Insight Center Monthly Consumer Survey of more than 6,400 adults, 29 percent of households with school-age kids plan to spend more than last year for back-to-school, compared with nearly 24 percent who said the same thing this time last year. As for college students and their families, nearly three in 10 plan to spend more this summer, up from 23 percent last year.
The positive uptick in planned spending means that retailers’ back-to-school season could bring a welcome boost in sales after a disappointing first half of the year. Regardless of their spending plans this summer, the economy is still top of mind for some families, especially when it comes to making sure their children have what they need for the school year.
Among those who say the economy will impact their back-to-school and college spending plans, 32 percent of college shoppers plan to comparison shop online to make sure they get the best bang for their buck, up from nearly 28 percent last year. More than 31 percent of school shoppers will compare prices online, compared with nearly 30 percent last year.
ABOUT THE FLORIDA RETAIL FEDERATION
The Florida Retail Federation is the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide one out of every five jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year.
ABOUT THE NATIONAL RETAIL FEDERATION
As the world's largest retail trade association and the voice of retail worldwide, the National Retail Federation's global membership includes retailers of all sizes, formats and channels of distribution as well as chain restaurants and industry partners from the U.S. and more than 45 countries abroad. In the U.S., NRF represents the breadth and diversity of an industry with more than 1.6 million American companies that employ nearly 25 million workers and generated 2010 sales of $2.4 trillion. www.nrf.com.
Below is today's alcohol Industry News Update from John Bodnovich, Executive Director of the American Beverage Licensees Association. Please click on the link to access: