Florida Gov. Ron DeSantis signs largest tax relief measure in state’s history

In move likely to bolster his conservative bona fides both in his home state and across the country, Republican Florida Gov. Ron DeSantis on Thursday signed a massive tax relief measure into law in an attempt to deliver real financial benefits to the citizens he serves, as Fox News reports.

It is believed that the package of cuts will result in savings of roughly $1.1 billion in taxes on purchases of consumer items such as clothing, gas, diapers, and other goods, something that will be welcome news to Floridians already strained by the inflationary pressure currently plaguing the nation.

The largest tax relief bill in the state’s history, the measure signed by DeSantis encompasses permanent concessions achieved through corporate income tax credit expansions, various sales tax exemptions, and ad valorem tax exemptions, as Just the News notes.

Notably, the measure will also establish and build on a roster of 10 sales tax holidays, which will also provide much-needed help at a time of increased economic distress.

In enacting the measure, DeSantis declared, “Florida’s economy has consistently outpaced the nation, but we are still fighting against inflationary policies imposed on us by the Biden administration.”

“In Florida, we are going to support our residents and help them afford the goods that they need. Florida has been fiscally responsible, so we are in a good position to provide meaningful relief for families, right now,” the governor added.

Florida House Speaker Chris Sprowls praised the legislation, saying, “A bill like this has never been more needed than it is right now. Reckless federal spending sent inflation rates spiraling higher than we’ve seen in generations, and Floridians are feeling the impacts. From tools to diapers to books for summer reading, this billion-dollar tax package includes something for every Floridian, and that’s what I’m most proud of.”

Wilton Simpson, Senate president, echoed those sentiments, noting, “Florida cannot independently fix or outrun all of the problems leading to the cost increases that are wreaking havoc on families, especially our most vulnerable. However, we are working to ease the pain with broad-based sales tax relief and a month-long gas tax holiday.”

Seen by many as a strong contender for the 2024 Republican presidential nomination, DeSantis’ role in enacting these massive tax cuts will likely only add to his already-impressive credentials within the GOP, and as a group of liberal talking heads at MSNBC were recently forced to grudgingly admit, the Florida “economy is strong” and the governor truly “has a story to tell.”