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Study Suggests Sales Tax Holidays are Poor Tax Policy

July 29, 2019 - 9:30am

A study by The Tax Foundation suggests that sales tax holidays, in which states like Florida exempt certain products from sales tax collection during certain times of the year, have political benefits but are not good tax policies.

“The evidence, which includes a 2017 study by Federal Reserve researchers, shows that they simply shift the timing of purchases,” a statement by the Tax Foundation says. The Tax Foundation is a think tank that publishes research studies on tax policy.

What's Going on the Week of July 28

July 29, 2019 - 9:30am
The Florida Capitol

It’s time for Florida’s blue-light special.

Starting at 12:01 a.m. Friday and lasting until 11:59 p.m. Aug. 6, shoppers will be able to buy clothes, shoes, school supplies and computer equipment without paying sales taxes --- otherwise known as a sales-tax “holiday.”

The holiday is billed as a back-to-school event. But it’s not only popular with parents looking for bargains as kids get ready for school. Retailers like the holiday as a marketing opportunity. And legislators love touting tax breaks for ordinary families.

Gun Law Struck Down: Judge Sides with Local Governments

July 27, 2019 - 6:00am

A Leon County circuit judge late Friday struck down a state law that threatened tough penalties if city and county officials approve gun regulations.

Florida since 1987 has barred cities and counties from passing regulations that are stricter than state firearms laws. But in 2011, lawmakers went further by approving a series of penalties that local governments and officials could face if they violated the prohibition.

Weekly Roundup: Hot Times in the Capital

July 27, 2019 - 6:00am
DeSantis' rickety ride is a Beechcraft like this

Summer is supposed to be a sleepy time in the Sunshine State capital.

But partway through the sticky season, the doldrums have yet to descend. Instead, Tallahassee is one hot mess.

A scandal involving a financial regulator has rocked the Florida Cabinet. Elections lawsuits are clogging the courts. And Gov. Ron DeSantis is rattling sabers over a ruling that could revolutionize the state’s medical-marijuana industry.

One sizzling chapter has chilled, at least for now.

Buchanan's Bill Would Coax More Charitable Giving

July 29, 2019 - 9:30am

A Florida congressman has brought out a proposal to reform the federal tax code to allow more incentives for charitable donations. 

U.S. Rep. Vern Buchanan, R-Fla., who sits on the U.S. Ways and Means Committee, unveiled the “Everyday Philanthropist Act” last week. The bill creates Flexible Giving Accounts (FGAs) to allow employees to designate up to $2,700 annually to the charities of their choice without having to pay taxes on those funds. 

Yoho's Triumph: Bill Banning 'Inhumane Practice' of Horse Soring Clears the House

July 29, 2019 - 9:15am
A horse being sored, with 8-pound boots and chains

Two veterinarians currently serving in Congress scored a win last week on a bill banning horse soring. 

Back in 2013, U.S. Rep. Ted Yoho, R-Fla., and U.S. Rep. Kurt Schrader, D-Oreg., paired up to introduce the “Prevent All Soring Tactics (PAST) Act.” Yoho’s and Schrader’s bill would amend the Horse Protection Act of 1970 to end horse soring. 

The Daily Spleen

2020 U.S. Election

Backroom Briefing: Democrats Gear Up for Florida Fight

July 26, 2019 - 6:00am
Guy Cecil

Priorities USA, a major Democratic super PAC, formally declared Florida one of the battlegrounds for the 2020 election, which means digital campaign ads are coming soon and won’t ease up until after a  president is picked.

Florida, along with Wisconsin, Pennsylvania and Michigan, will be flooded with digital ads in the ramp-up to the election that will pit Republican President Donald Trump against the eventual Democratic nominee, Guy Cecil, chairman of Priorities USA, said during a conference call with reporters Tuesday.

Ronald Rubin Fired, but Florida May Not Have Seen the Last of Him

July 26, 2019 - 6:00am
CFO Jimmy Patronis got his wish Thursday

Florida’s top financial regulator was fired Thursday by Gov. Ron DeSantis and Cabinet members, after a controversy sparked by an employee lodging a sexual harassment complaint.

But that isn’t expected to end two months of public skirmishing between ousted Office of Financial Regulation Commissioner Ronald Rubin and state Chief Financial Officer Jimmy Patronis, whose handling of the harassment complaint has also led to an investigation.

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