Americans for Prosperity criticized the House Friday after a key House committee voted to preserve what it called a "special interest handout" in the form of an insurance industry tax break.
AFP's Florida director, Slade O'Brien, said the Senate was on the right track with its plan to eliminate a 26-year-old jobs tax credit that has been worth billions to insurers since a Democratic legislature adopted it in 1987. Senators approved an immediate elimination of the tax and a tax break for motorists in the form of a $12 annual cut in their car registration fees, but that plan was dead on arrival in the House.
"Every tax break given to one specific industry drives up taxes for the rest of Florida's families and businesses," O'Brien said in a statement. "The Legislature has the chance this year to give all Floridians an immediate tax cut on their vehicle registrations. This should not be delayed in exchange for protecting one special interest handout."
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