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Florida Gov. Scott Will Ask Legislature for Big Tax Cuts

Rick Scott
Posted at 11:25 AM, Oct 14, 2015
and last updated 2015-10-14 11:12:32-04

TALLAHASSEE, Fla. (AP) — Florida Gov. Rick Scott is asking for another large round of tax cuts next year.

Scott said Wednesday that he'll ask state legislators to approve more than $673 million in tax cuts. The Republican governor didn't give an exact amount but said it will be larger than what he asked for this year.

Scott is proposing to eliminate the corporate income tax for manufacturing companies, adding that the state needs to help manufacturers in an effort to diversify the state's economy. He also wants to keep a tax break for manufacturing companies that's scheduled to end in 2017.

The governor made his pitch for tax cuts during the annual legislative preview meeting held by The Associated Press

Scott said a major priority will be increasing funds to lure businesses to the state.