Saturday, January 11, 2025
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Florida Businesses Get a Break

With an unemployment rate of 11.8 percent and a business sector struggling to survive, Governor Charlie Crist announced yesterday that the state would hold off from implementing the unemployment tax increases for Florida’s businesses.

Crist said that the unemployment tax increase would have led to a minimum rate going up from $8.40 to more than $100 for each employee and its timing was wrong, in view of the additional burden that would be placed on business.

“Even though the bills are due in April, we are prepared now to delay this increase in order to ensure that our Florida businesses and employees get relief at a time they need it most. I call on the Legislature to act quickly on this issue for the people of Florida,” Crist said.

Meanwhile, House Speaker Larry Cretul and Senate President, Jeff Atwater indicated that they had requested that work commence to “provide relief to Florida businesses in the face of growing unemployment claims.”

Florida House and Senate expect to pass legislation early in the upcoming session, with the aim of stabilizing the cost of unemployment and helping businesses to plan for the demands placed on them, owing to jobless claims.

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