ECONOMIC DISASTER: Democrat Andrew Gillum Wants A $1 Billion Tax Hike On Florida Job Creators

Gillum’s tax increase is so radical that its spawning “terror” from Florida’s businesses community

From the RGA:

In the Florida governor’s race, tax hikes have become the “bold dividing line” between Republican Ron DeSantis and Democrat Andrew Gillum.

While DeSantis has committed to not raising taxes, Gillum is pushing a massive billion-dollar tax hike on Florida job creators. Gillum’s tax increase is so radical that its spawning “terror” from Florida’s businesses community, who say it would “have a chilling effect” on the state’s economy. Making matters worse for Gillum, even Democrats are quickly running from the proposal.

On the “central clash” of the Florida governor’s race, businesses and many Democrats agree that Gillum would reverse Florida’s job boom and crush working families. Floridians can’t afford to pay the costs of Andrew Gillum’s radical tax hiking agenda.

Herald-Tribune reports:

In a move setting him apart from usually tax-averse Florida candidates, Democrat Andrew Gillum has called for a stunning 40 percent increase in Florida’s corporate income tax — which he wants to use to raise $1 billion more for education, including $50,000 minimum starting salaries for teachers.

National headquarters of companies in this state are focused on this like a laser beam,’ said Tom Feeney, a former Republican Florida House speaker and president of Associated Industries of Florida, whose members include some of the state’s biggest companies.

He said Gillum’s proposal has spawned ‘terror’ in board rooms and is fueling business support for Republican gubernatorial nominee Ron DeSantis, who has said little about his economic plans, other than embracing most of the tax-and-regulation-cutting policies advanced by Scott over the past eight years.

‘Punishing corporations by taking money out of the pockets of job-creators is going to have a chilling effect on this state’s economy,’ Feeney added.

Previously:

11 months, 2 weeks ago

Governors in Iowa, North Dakota and Alabama join GOP colleagues in banning TikTok for state employees

The Republican governors of three more states have joined the growing number of GOP governors who are banning TikTok among state government employees amid security concerns about the Chinese-owned social media platform

11 months, 3 weeks ago

Arizona Governor Creates Shipping Container Border Wall

Arizona Governor Doug Ducey has had hundreds of double-stacked shipping containers topped with razor wire placed on the state’s border with Mexico

11 months, 3 weeks ago

Stacey Abrams’s Georgia Nonprofit Could Face Criminal Investigations for Unlicensed Fundraising

New Georgia Project's charity license has lapsed in at least nine states

11 months, 3 weeks ago

Biden says ‘more important things’ than border visit, despite 59 trips to Delaware, 8 stops for ice cream

Biden has yet to visit southern border despite historic crisis under his watch

11 months, 3 weeks ago

Governor Kristi Noem delivers annual Budget Address, says the state can afford grocery tax cut

In about thirty minutes of remarks, Governor Kristi Noem laid out her administration would like to see nearly $2.2 billion spent over the course of the next fiscal year and a half.

11 months, 3 weeks ago

‘A Clear And Present Danger To Its Users:’ South Carolina Gov. Bans State Employees From Using TikTok Amid National Security Concerns

South Carolina became the second state in the union Monday to permanently ban state employees’ electronic devices from using TikTok amid federal officials sounding the alarm that the Chinese-based social media app threatens national security