DeSantis signs $1.2B tax-break package targeting gas, diapers, kids' clothing

Posted 48 days ago

From WWW.FOXNEWS.COM

Florida Gov. Ron DeSantis signed a hefty tax relief bill into law, hoping the parade of seasonal reductions will save Floridians' bank accounts from surging prices.

DeSantis signed the wide-ranging relief package Thursday in Ocala, Florida. The bill is expected to save state citizens approximately $1.1 billion on purchases, including diapers, clothing, gas and more. The governor blamed the inflation on President Biden's administration, boasting that new tax breaks would be the latest step in combating the increased costs.

"I think we’ve done more than any other state to step up against the Biden-flation headwinds to give relief to our citizens," DeSantis said.

"This is actually the largest tax relief in the history of the state of Florida – $1.2 billion tax relief package," DeSantis added.

The exemptions will be rolled out piecemeal over the coming fiscal year with specific dates allotted for different commodities. Breaks include a back-to-school sales tax holiday from July 25 to Aug. 7, when school supplies and children's clothing will be mar... (Read more)