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Commissioners To Decide on $2 Million Tax Break for Capitol City Businesses

Officials To Decide on $2 Million Tax Break for Capitol City Businesses
Posted at 6:04 PM, Sep 28, 2016
and last updated 2016-09-28 16:06:07-04

TALLAHASSEE, FL (WTXL) - City Commissioners are expected to approve the elimination of the business license tax that would lead to a $2 million tax break for businesses in the Capitol City.

The Greater Tallahassee Chamber of Commerce came up with the idea to eliminate the tax. While the tax itself isn't huge, they said that getting rid of it is still a big deal for companies working in Tallahassee.

The group brought it up to local government as a way to encourage businesses to invest and stay in town. A couple of years ago, the chamber said that Leon County got ride of the tax and they felt like it was time for Tallahassee to follow suit.

"We've got an opportunity to send a message out to not only to our own business community, but to the rest of the state -- that we mean business here in Tallahassee and that when you come to do business here, we want you to be able to do it in as easy a manner as possible. We think that getting rid of the business license tax is very symbolic of that,"said Jay Revell with the Greater Tallahassee Chamber of Commerce.

By eliminating the business license tax, Tallahassee would become the first city in Florida to do so.