Gov. Bush Signs Florida Intangibles Tax Repeal Into Law
A Florida tax on stocks, bonds and other intangible property that Gov. Jeb Bush repeatedly has labeled ``insidious'' will be repealed by a bill (HB 209) he signed into law Thursday, July 27. Only about 300,000 people, some of Florida's wealthiest citizens, will share in annual savings totaling more than $131 million.
A Florida tax on stocks, bonds and other intangible property that Gov. Jeb Bush repeatedly has labeled ``insidious'' will be repealed by a bill (HB 209) he signed into law Thursday, July 27. Only about 300,000 people, some of Florida's wealthiest citizens, will share in annual savings totaling more than $131 million.
posted by Milt Baker CPA | 6:52 AM
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