Sunday, October 26th, 2014

Promises about Taxes on Scott-O-Meter

Reduce property tax (Required Local Effort) by 1 mill

"Reduce the statewide property tax [Required Local Effort] by $1.4 billion (from 5.29 mills to 4.29 mills, a 19 percent reduction). Savings from other key components in my 7-step plan will be used to replace those funds so that not $1 is shifted away from our schools."

Reduce property tax by another 1 mill over next 7 years

"Phase in another 1 mill reduction (to the school property tax) over the next 7 years."

Eliminate Florida's corporate income tax over 7 years

"Eliminate Florida's corporate income tax over seven years. Fully phasing out the corporate income tax over time will have a large positive benefit for Florida's economy while having a minimal impact on state revenues. Total state tax revenues will benefit from the dynamic economic growth created by the corporate income-tax phaseout."

Grow Florida's economy by $74B in GDP, $41B in personal income, and $1B in tax revenues

"In total, Florida's economy will gain an additional 700,000 jobs, $74 billion in state GDP, $41 billion in higher personal income, $1 billion in total state tax revenues as a direct result of the increased economic growth."

Will oppose and veto any tax increases

"I pledge to the taxpayers of the state of Florida that I will oppose and veto any and all efforts to increase taxes."

Lower unemployment costs for employers

"Make unemployment benefits more affordable."