Steve Bousquet column: Rare to see legislators shun insurers
Times Tallahassee bureau chief Steve Bousquet focuses his weekly column on efforts by lawmakers to repeal an insurance tax credit to save money for motorists. An excerpt:
Tom Feeney of Associated Industries of Florida said repeal of the tax would send a "chilling message" to job creators in the industry.
"It has had very little vetting or analysis," Feeney said of the proposal. "It sends a horrendous message to business around the country. It will pull the rug out from under an industry."
The insurance industry's lobbying muscle is well known in the Capitol. But here's its problem: It can't cite a company that relocated to Florida because of the tax credit, and a veiled threat that a repeal might make a company flee sets lawmakers' teeth on edge.
Even tax expert Kurt Wenner from the reliably pro-business Florida TaxWatch conceded: "You can't draw a direct relationship from job to tax credit."