Florida residents would pay $5 billion less in sales taxes under House speaker’s plan

Florida House Speaker Daniel Perez has proposed a permanent cut to the state sales tax from 6% to 5.25%, amounting to a $5 billion reduction. This initiative aims to curb state spending amid projected future shortfalls. Governor DeSantis supports eliminating property taxes, which may conflict with Perez's plan. While the House budget will be lower than the current $118.6 billion, details on how to offset the revenue loss remain unclear. Senate President Ben Albritton is open to collaborating on tax relief, while House Democrats seek more specifics on the proposal.