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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs FL's economy crashes, DeSantis is going ahead with $543 million in tax refunds for corporations
https://www.orlandosentinel.com/coronavirus/os-ne-coronavirus-florida-corporate-tax-refunds-20200325-yidx2mcbbvdx7orvjt65g3kmym-story.htmlFlorida Gov. Ron DeSantis plans to go ahead with more than a half-billion dollars in tax refunds for the states largest corporations even as the state economy crashes amid the spreading coronavirus pandemic.
The Republican-controlled Florida Legislature committed to the corporate tax refunds which will total $543 million two years ago, long before lawmakers had any idea how big they would be. The state hasnt paid them out yet and doesnt have to until May 1.
But Florida is suddenly bracing for a potentially unprecedented drop in sales tax collections as commercial activity shuts down, along with surging demand for state government services as workers across the state lose their jobs en masse. So some activists want DeSantis to use his emergency power as governor to stop the refunds.
This is $540 million that we will definitely need, said Sadaf Knight, the CEO of the Florida Policy Institute, an Orlando-based think tank that advocates for higher corporate taxes and lower taxes for low-income Floridians. Corporations have been getting a break for many, many years. Its really families and individual Floridians who really need the break now.
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As FL's economy crashes, DeSantis is going ahead with $543 million in tax refunds for corporations (Original Post)
Nevilledog
Jan 2022
OP
PortTack
(32,762 posts)1. FL voters..are you watching? Are you paying attention..this guy doesn't give a rats about you!
bahboo
(16,337 posts)2. we have GOT to find someone to run against this piece of shit....
and beat him....
Cha
(297,196 posts)3. HOPE it BACKFIRES
on his Miserable Fascist Dictator wannabe Ass
tishaLA
(14,176 posts)4. He'll do to FL was Brownback did to KS
except on a much larger scale. I feel sorry for the people of FL.
sarcasmo
(23,968 posts)5. I was going to post the same thing, Florida will become Kansas.
DFW
(54,370 posts)6. If he stops it, he might lose out on 5% of the sum
Or however much was promised to him..............
Deuxcents
(16,199 posts)7. O, god.. it's always something.. and every day now
We need a strong democrat challenger
Chainfire
(17,536 posts)8. He knows which side of his bread is buttered.
The man is running to be the first openly Fascist President. He has his Krupps to take care of and the people be damned. He will balance that financial loss by removing the salaries of the School Boards. I mean, the only people who should serve on school boards should be financially independent anyway...
scipan
(2,350 posts)9. This is from March 2020.
The $543 billion went out.
Poiuyt
(18,123 posts)10. Republicans sure know how to ruin economies
obamanut2012
(26,071 posts)11. THis is literally 23 months old
Come on. I live here, he is awful and a fucking Hitler, but this is clickbait.