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Companies that make things liked Gov. Rick Scott’s State of the State speech.
A key element of the governor’s annual address was his call for a tax break for manufacturing companies on new equipment. They can already get a tax break for new equipment purchases but they have to justify it by proving they’ve increased productive output. The governor wants to remove that requirement.
The Manufacturers Association of Florida applauded the idea on Tuesday.
“With a little more help from the Florida Legislature on manufacturing tax policy, Florida can become competitive with other manufacturing destination states,” the association’s president, Al Stimac said. “We want people to come for the sun and stay for the manufacturing business.”
