Flanked by leaders of Florida's top economic trade groups and agencies, Gov. Rick Scott signed a number of business tax cuts he says will accelerate economic development in the state.
“The passage of my jobs passage is a great example of all of us working together to make Florida the best state to live and do business,” he said Wednesday.
The economic development package includes more than $1 billion in tax cuts for businesses over the next three years. It features broad cuts of the unemployment tax and the corporate income tax, and targeted reductions for manufacturers, private plane repairers, and fruit and meat packers.
Scott said it’s difficult to say definitively how certain targeted tax cuts will lead to job creation, but noted that the package helps make Florida a more competitive state for business expansion.
“If we want employers to hire more people, we’ve got to think like they do,” said Scott, a former CEO. “We’ve got to keep their costs as low as they can. We’ve got to make sure that we’re more competitive than any jurisdiction in the world.”
The public signing is the latest in a public relations push by Scott to shape the discussion about the job he's done as jobs governor.