JACKSONVILLE, Fla. (AP) - Gov. Rick Scott wants to eliminate Florida's sales tax on equipment and machinery bought by businesses.
Scott on Wednesday in Jacksonville said he will ask the Legislature this year to fully exempt such purchases from sales tax.
Florida currently offers a sales tax exemption on equipment purchased for industrial use if it expands a manufacturer's output by at least 5 percent.
The productive output requirement had been 10 percent, but the Legislature reduced it to 5 percent last year.
Scott says the tax puts Florida at a competitive disadvantage with other states that already exempt such equipment.
The governor's office did not immediately say how much the exemption would reduce state revenues.
Scott says the change would encourage businesses to expand and create jobs in Florida.
Related Articles
- Shooting investigation in North Fort Myers
- Group protests taxes in Cape Coral by a 'Call to Arms'
- Small Fla. city anxious to learn jackpot winner
- Jungle Golf fundraiser putts for patriots
- Truck carrying mulch rolls over at Colonial & Plantation
- Miss. probationer caught in central Florida
- Long-term care Medicaid patients start enrolling
- Baby found, father charged in South Fla.
- Fla. woman charged with Haitian visa fraud
- Deputies: Bartender, 3 patrons sliced by angry man





