Florida revenue boost could mean tax break for you

Florida is bringing in more money than initially thought, and some state lawmakers want that to go right back in your wallet.

Florida Governor Rick Scott wants lawmakers to extend the weekend back-to-school sales tax holiday to ten days, add a special hurricane sales tax holiday, and make some other tax and fee cuts. Your reps have been waiting for new revenue projections to come out to see how much money they have to consider such an extension.

The projected budget surplus has now grown even more under the projection released Wednesday.

“It increases the likelihood that these sales tax holidays will be increased,” says State Senator Aaron Bean.

Bean tells WOKV he fully support these breaks for you.  He says it provides an opportunity for families to benefit from big breaks, and retailers to get big sales.

“Retailers really use this as a way to be a shot in the economic arm,” he says.

State Representative Charles McBurney isn’t as willing to throw full support behind the breaks just yet, saying instead that each option on the table will be thoroughly reviewed.  He is sure that he wants you to reap some of the benefits of the surplus.

“Take that revenue- which is the taxpayers’ money- and return it to them,” McBurney says.

He says the fact that the economy is growing is exciting news in itself. The budget surplus is expected to be around $1.2 billion this year.