Governor Rick Scott announced his budget known as the “It’s Your Money Tax Cut Budget” for fiscal year 2014-2015. This budget includes more than $500 million in tax cuts for Florida families and continues to promote the reduction of taxes, reduction of state debt and the elimination of government waste, according to a release by the Office of Governor Rick Scott on January 29.
In the release Governor Rick Scott was quoted as saying, “My 2014-2015 “It’s Your Money Tax Budget” reflects our commitment to give $500 million back to Florida families through tax and fee cuts, eliminate government waste and pay down debt. These are the three steps in our formula to create jobs for generations to come. This budget will continue to drive the economic turnaround our state has made over the last three years as we build on policies to keep Florida working,” said Scott in the release on January 29.