Page 1

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

1

MAKE%TAXES%FAIR%&%% END%CORPORATE%WELFARE%!
!

Florida(tax(policy(is(dictated(by(cronyism.(When(politicians(pick(winners(and(losers( in(the(marketplace(they(hurt(business(owners(and(hardworking(taxpayers.(Florida( needs(fair(and(common(sense(tax(policy(to(promote(jobs(and(financial(security(for( families(and(small(businesses.((( (

The$legislature$needs$to$eliminate$the$corporate$income$tax$$ and$all$targeted$tax$credits$and$exemptions.$
$ This(will(decrease(the(burden(on(businesses,(encouraging(economic(growth(and( job(creation,(while(also(eliminating(the(corporate(welfare(that(is(given(to(the( select,(politically(favored(few.((
!

KEY%TALKING%POINTS:%
Lower(corporate(tax(rates(result(in(higher(Gross(State(Product,(more(rapid( employment(growth(and(increased(population(growth.(
Source:(Rich(States,(Poor(States,(5 (Ed.(
th

Lowering(corporate(tax(rates(can(increase(tax(revenues(due(to(the(economic( growth(they(encourage.(
Source:(Rich(States,(Poor(States,(5 (Ed.(
th

Business(taxes(affect(job(creation(and(retention,(business(location(and( competitiveness;(higher(rates(result(in(lower(wages(for(employees(and(higher(cost( products(for(consumers.(Source:(Tax(Foundation(


(

A(states(corporate(tax(rate(is(the(most(relevant(tax(in(the(investment(decisions(of( foreign(investors.(Source:(Tax(Foundation(
(

Tax(credits(impede(the(freeKmarket,(narrow(the(tax(base(and(drive(up(tax(rates(for( those(businesses(or(individuals(who(dont(qualify.(Source:(Tax(Foundation( According(to(the(2012(Florida(Tax(Handbook,(there(are(approximately($3.242( billion(in(targeted(exemptions(and(credits(for(businesses(in(the(Florida(tax(code.(

You might also like