Business Balancing Act | Print |

 

In 2012-13, a proposed 2.5 percent corporate income tax rate would generate $1 bill

“This is a direct trade-off,” said Alan Stonecipher, spokesman for the Florida Center for Fiscal and Economic Policy. “If you give that money back to corporations, it doesn’t go into the state treasury. So what doesn’t it fund? It doesn’t go to pay public schools. It doesn’t go to pay health care services under Medicaid. It doesn’t go to services for people with disabilities. All of those things that we rely on take a cut.”

Read the story in The Bradenton Herald