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Nevilledog

(54,759 posts)
Thu Jan 20, 2022, 10:20 PM Jan 2022

As 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.html

Florida Gov. Ron DeSantis plans to go ahead with more than a half-billion dollars in tax refunds for the state’s 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 hasn’t paid them out yet and doesn’t 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. It’s really families and individual Floridians who really need the break now.”

*snip*


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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
FL voters..are you watching? Are you paying attention..this guy doesn't give a rats about you! PortTack Jan 2022 #1
we have GOT to find someone to run against this piece of shit.... bahboo Jan 2022 #2
HOPE it BACKFIRES Cha Jan 2022 #3
He'll do to FL was Brownback did to KS tishaLA Jan 2022 #4
I was going to post the same thing, Florida will become Kansas. sarcasmo Jan 2022 #5
If he stops it, he might lose out on 5% of the sum DFW Jan 2022 #6
O, god.. it's always something.. and every day now Deuxcents Jan 2022 #7
He knows which side of his bread is buttered. Chainfire Jan 2022 #8
This is from March 2020. scipan Jan 2022 #9
Republicans sure know how to ruin economies Poiuyt Jan 2022 #10
THis is literally 23 months old obamanut2012 Jan 2022 #11
 

Chainfire

(17,757 posts)
8. He knows which side of his bread is buttered.
Fri Jan 21, 2022, 09:04 AM
Jan 2022

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...

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