Skip to main content

Ron DeSantis signs $1.2 billion in tax breaks for Floridians to fight 'Bidenflation headwinds,' though Biden's stimulus will help pay for it

Business,Economic Policy,Economy And Jobs,Florida,Ron DeSantis,Sports,Technology

From the Left

Floridians will get more than $1.2 billion in tax breaks on a slew of items from diapers to mobile homes thanks to a bill Republican Gov. Ron DeSantis signed into law on Friday. 

As he prepared to sign the bill at a Sam's Club in Ocala, Florida, DeSantis blamed President Joe Biden for the state's need to provide financial relief amid record-high inflation. He has also warned in recent weeks that the country may be heading into a recession. 

"We have done more than any other state to step up against Bidenflation headwinds, to give relief to our citizens, and we are going to keep on doing that," DeSantis said at a bill signing event at Sam's Club in Ocala, Florida. 

But at least one portion of the tax relief package is being paid for by congressional Democrats' $1.9 trillion coronavirus relief measure, called the American Rescue Plan, that Biden signed into law last year. Republicans and even some outside analysts frequently blame the spending package for contributing to inflation.

AllSides Picks

More News about Economy and Jobs

News from the Left

News from the Center

News from the Right