Gov. Rick Scott stops in Clearwater to push $1 billion tax cut plan
Gov. Rick Scott visited the Monin Gourmet Flavorings factory in Clearwater on Monday to push the $1 billion tax cut package he will include in a proposed state budget to go before legislators within the next few weeks.
He promised that slashing taxes for businesses will create jobs by allowing companies to reinvest savings into hiring new employees.
Scott said the coffers can afford to lose $1 billion in tax revenue because the state is currently enjoying a budget surplus with revenues from other sources growing by $1.3 billion a year.
"Our economy is growing faster than the national economy," Scott told a group of about 50 Monin employees, business representatives and media. "We've cut taxes 50 times in five sessions, and guess what happens? Revenues keep growing."
When asked if cutting taxes for businesses takes priority over providing much needed funding for the state's higher Medicaid cases, underfunded mental health institutions and struggling programs for the poor and disabled, Scott did not answer directly, but tilted attention to his record.
"It's exciting what's gone on in Florida since I got elected in 2010," he said. "I walked in with almost a $4 billion budget deficit, but today we have record funding for k-12 education, record funding for universities, record funding for state colleges. We funded our health care programs. We funded the environment. As you know I have a program right now where were going through to figure out how we can make sure we spend the dollars that we're spending on mental health better. It's exciting what's going on."