Fla.: Business wins, colleges suffer this session

Florida’s businesses scored victories in the Legislature in the newly concluded annual session, but some college students say they wonder if the treatment lawmakers gave that sector came at their expense, the Associated Press reports. For businesses, legislators reduced a mammoth increase in unemployment compensation taxes set to take effect this year, resulting in $550 million in expected savings for businesses over two years. Lawmakers also approved $120 million in various tax breaks. They put a constitutional amendment on the ballot boosting the tax exemption for what’s known as “tangible personal property,” which includes computers, tools, machinery and other equipment…

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