Newsfeed

Blog 

NTU Congratulates Florida on Telecommunications Tax Cut

by Elizabeth Dolan / /

The National Taxpayers Union (NTU) would like to congratulate Florida taxpayers on a very deserving triumph. Earlier this week, Florida lawmakers overwhelmingly approved a plan that will lower cable, satellite television and wireless phone taxes. HB33A decreases the annual Communications and Services Tax rate by 1.73 percentage points, which would save the average family spending $100 a month on cable and cellular services nearly $21 each year.  The tax cut will help hardworking families and small businesses in the Sunshine State. “Giving Floridians back more of the money they earn in tax cuts is the best thing we can do to keep Florida’s economy growing,” Governor Rick Scott stated after passage of the bill. NTU agrees and encourages lawmakers in other states to follow Florida’s lead on similar tax cutting efforts.