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

Javier Manjarres is an award-winning South Florida-based political journalist who owns and manages Diverse New Media, Corp and Shark Tank Media, LLc. Under the Diverse New Media umbrella, he writes, manages, and publishes Floridianpress.com, Hispolitica.com, and JudicialPost.com, in addition to publishing the conservative website, Shark-Tank.com, which can be found under Shark Tank Media, LLc. During the 2018 election cycle, he ran and lost the primary race for congress in Florida’s 22nd congressional district. He is Republican. He and his fiancé Michelle have two small children. He enjoys soccer, weight-lifting, swimming and biking. Email him at [email protected]

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