Crist, lawmakers pushing for sales tax holiday
Published: Monday, January 11, 2010 at 3:30 p.m.
Last Modified: Monday, January 11, 2010 at 3:30 p.m.
TALLAHASSEE, Fla. — Florida lawmakers are looking at resurrecting a back-to-school sales tax holiday.
Joined by two legislative leaders and retailers, Gov. Charlie Crist said Monday that it is time to get back to basics and give taxpayers a break. Crist wouldn't say whether any programs could be cut to pay for the tax break.
Retail Federal President Rick McAllister estimated that a $44 million tax break for an 11-day sales tax holiday for parents getting their kids ready to get back to school would increase tax revenues by $118 million.
McAllister was armed with an analysis conducted for his organization by a Washington-based research group the retailers hired to support their conclusion that tax breaks are a stimulus to the economy.
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