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Gillum proposes higher corporate taxes for education
Florida Politics

Gillum proposes higher corporate taxes for education

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Democratic gubernatorial candidate Andrew Gillum offered a plan Friday to increase education funding by raising the state’s corporate income tax. Calling it the “Fair Share for Florida’s Future” plan, Gillum would increase the corporate-income tax rate from 5.5 percent to 7.75 percent.

He said it would generate more than $1 billion each year for teacher pay raises, school construction, early childhood education programs and vocational training. “Not only do we want a friendly environment for businesses to call home, but we also want to have an environment where they can be guaranteed a workforce that is prepared, that is ready, that is qualified,” Gillum, the Tallahassee mayor, said during a news conference at the Florida Press Center. Gillum said the tax hike would be more than offset by a tax-cut package passed by Congress and signed into law last month by President Donald Trump.

News Service of Florida

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Javier Manjarres is a nationally renowned award-winning South Florida-based political journalist owns Diverse New Media, Corp. which publishes Floridianpress.com, Judicialpost.com, shark-tank.com, and Hispolitica.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming and biking. He ran as a Republican in the 2018 congressional primary race in Florida's CD 22. Javier is also a political consultant, and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Learn more at www.brownpeople.org Email him at [email protected]

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