Editorial: Surprise! DeSantis wants federal COVID relief money for a business tax cut"
Who wants to defund the police again? The ARP is designed to be spent on COVID-19 expenses and to backfill lost revenue to due a slowdown in business, yet Republicans once again want to figure out a way to give the money to the rich through tax cuts.
The ARP does not prohibit states from giving tax cuts to the rich. It just keeps states from use the ARP to backfill lost revenue due to a brand new tax cut. Why not spend the money on infrastructure, health care or schools, which were impacted by the pandemic?
The ironic thing is that Republicans voted against the ARP based on the talking point that it was not related to COVID, but they are now upset that they cannot spend it on tax cuts to the rich, which unrelated to the pandemic.
https://www.palmbeachpost.com/story/opinion/editorials/2021/03/21/editorial-no-surprise-federal-largesse-online-shoppers-prompt-another-tax-cut-florida-businesses/4729827001/
With $10 billion expected to flow into state coffers from the American Rescue Plan Act — the widely popular $1.9 trillion package that garnered not a single Republican vote — state leaders didn’t miss a beat in proposing to use a big chunk of it to relieve businesses from paying a state tax that provides jobless benefits to the unemployed.
“Salivating” may be the best description of the GOP's enthusiasm to turn federal largesse into a new tax break.
“If we do get stimulus money, we obviously want to avert any type of tax increase because of the unemployment fund,” Gov. DeSantis said earlier this month during a press briefing.
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