Florida Senate approves business tax cut that shrinks unemployment benefits
The Florida Senate approved a tax cut for businesses that will shrink unemployment benefits for those out of work.
By Michael C. Bender
Herald/Times Tallahassee Bureau
Sen. Nancy Detert, R-Venice, suggested her bill was a take-it-or-leave-it offer
“Pigs get fed, hogs get slaughtered,” Detert said. “Learn to like it or get nothing.”
Oh, right on, Ms Detert! People who would like to not be destitute after losing their jobs are such swine!
Although, one would think that Ms. Detert might not be the kind of lady who would want to throw out pig comparisons willy-nilly.
The bill cuts by 10 percent the tax rate that businesses pay to cover the costs of unemployment benefits and makes it easier for companies to keep former workers from collecting benefits.
This in a state whose governor has turned down $2.4 billion in stimulus money to build high-speed rail. The sort of building project that would create a whole bunch of, um, jobs.
The Obama administration on Monday announced the reallocation of $2 billion in its signature transportation program to create a national high-speed rail network, including $795 million for upgrades that would permit speeds of 160 mph in parts of the Northeast Corridor.
U.S. Transportation Secretary Ray LaHood made the money available to other states this year when Florida Gov. Rick Scott (R) opted not to accept funds that had been allocated to build high-speed rail between Tampa and Orlando. (Washington Post)
Bwahahahahaaa!!! And I will have my revenge on Harry Potter!
Of course, insane governor Rick Scott wanted to cut corporate taxes even further:
So how insane do you have to be to have Florida Republicans tell you to dial down the irresponsible tax slashing? Florida Republicans! Even Florida Republicans are telling Rick Scott that his tax cutting is going too far. So maybe I was wrong the other day. Maybe there is a worse governor than Rick Snyder.
On Tuesday, Florida's lawmakers blocked Gov. Rick Scott's aggressive plan to cut corporate income taxes by $459 million in fiscal 2012. The legislators, who are Republicans as well, said the state could not handle slashing spending deeply enough to make up for the lost tax revenue. (CNN.Com)
Read more: http://www.miamiherald.com/2011/05/03/2199530/florida-senate-approves-business.html#ixzz1LuLMtXJg
Read more: http://www.miamiherald.com/2011/05/03/2199530/florida-senate-approves-business.html#ixzz1LuK4sVcg