The Florida House on Wednesday approved a series of tax breaks, hoping to free thousands of businesses from corporate income taxes and put extra money in the pockets of back-to-school shoppers.
House members went along with Gov. Rick Scott's proposal to increase the corporate income tax exemption from $25,000 to $50,000, passing it as part of a broader economic-development bill.
Scott, in a statement, said it was "a huge victory" for Floridians, and would help businesses create more jobs.
