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Crist Supports Part of Tax Swap Plan, Holds Out His Endorsement

April 22nd, 2008 by flanews

A plan to trade 25 percent of property tax for a penny increase in sales tax is days away from a final vote. Earlier this year the Taxation and Budget Reform Commission gave preliminary approval to the plan. Thursday they’ll have a final vote. Governor Crist said he’s not ready to weigh in on the issue, but part of the plan sounds good to him.

“I’d like to see what the final version is before I announce whether I’ll work hard for it or not, but I like the 25 percent property tax reduction,” Crist said.

Opponents of the plan said the tax swap would actually raise taxes. If the plan gets final approval from the commission then it will be on the November Ballot.

Posted in Charlie Crist, Property Taxes, State Budget, State News, Taxes | No Comments »

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