Florida Retailers Cheer Rick Scott's 10-Day Sales Tax Holiday Proposal

Gov. Rick Scotts proposal for a 10-day sales tax holiday right in time for back to school shopping won the applause of the Florida Retail Federation on Friday. Scott is expected to announce the idea later in the day.

Florida retailers appreciate Governor Scotts support for a longer sales tax holiday, said Rick McAllister, the president and CEO of the Florida Retail Federation. It would be a great boost for Floridas families and for our retailers. It gives many families whose paychecks come on two-week cycles another chance to take advantage of the sales that retailers offer. Retailers traditionally compete with sales and markdowns to attract shoppers during the tax holiday, and we see an increase in sales because of it.

McAllister cited an increase of 30-to-40 percent for retailers in recent sales tax holidays.