REPRESENTATIVE
MARTI
COLEY
SPONSORS
BACK
TO
SCHOOL
TAX
CUT
TALLAHASSEE – For the second year in a
row, State Representative Marti Coley
(R-Marianna) filed legislation today renewing
Florida’s popular Back to School Sales Tax
Holiday. The legislation would allow parents to
purchase books, clothing, backpacks, and other
school supplies, up to $50 dollars per item,
during the week beginning August 2nd and ending
August 11th.
According to a 2007 report from the National
Retail Federation (NRF), the “back-to-school”
period is second only to the fourth quarter
holiday season in terms of sales.
“Florida’s families are feeling the pinch from a
sluggish economy and a tax burden that continues
to bite into their wallets,” said Representative
Coley. “Providing back-to-school tax relief not
only gives moms and dads some much-needed
relief, it also has the potential to encourage
the kind of activity we need to get our economy
moving again.”
When you combine last year’s estimates with this
year’s projected savings, taxpayers statewide
will save a combined $70 million dollars as a
result of the 2007 and 2008 back-to-school sales
tax holidays.
Throughout the past decade, House Republicans
have led the way in providing tax relief to
Florida’s families through property tax relief,
sales tax holidays, a reduction on the taxes
paid for communications services, and a total
elimination of the taxes seniors and savers pay.
The total savings for Florida’s taxpayers under
House Republican leadership during the past
decade is now estimated at more than $31 billion
dollars, or almost $2000 per person for each of
the more than 18 million people who call Florida
home.