Back to School Sales Tax Holiday Shrinking
March 4th, 2016 by Mike Vasilinda
Florida’s sometimes annual back to school sales tax holiday is shrinking this year. From ten days down to three, and from items under a hundred dollars to just sixty dollars. Computers were included last year. this year they are not. Negotiator Representative Matt Gaetz says the reduction is necessary to shift some of the money to property tax breaks.
“So, the lions share of the legislatures tax cut package this year will to property taxes, and because we are such a commitment to cut property taxes, we’re going to move to a three day tax holiday.”
Q: So really its a trade off, I get it one way or the other?”
“correct”
Overall, this years tax break package will total more than 4 hundred million dollars.
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