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Charlie Crist on Taxes

Charlie Crist is a proven tax cutter. Following his election as Governor, Charlie Crist led the effort to reduce property taxes in Florida. Having signed legislation to cut property taxes and then successfully campaigning for passage of further property tax reductions, Amendment 1, Governor Crist understands the importance of reducing the tax burden on Florida families. After hearing the concerns of his fellow Floridians and pushing forward comprehensive property tax reform, Charlie Crist signed the largest tax cut in Florida history, $22 billion over five years.

In addition to Amendment 1, Charlie Crist proposed a Constitutional amendment to reduce the growth cap on non-homestead properties from 10 percent to 5 percent as well as a historic First-Time Homebuyer Exemption for homeowners who previously have not owned a home in Florida. Floridians will receive a 25-percent exemption, up to $100,000, if the amendment is approved by voters in November 2010.

As Florida’s next U.S. Senator, Charlie Crist will add to his record by voting to reduce the tax burden on American families and businesses. During these difficult economic times, the American people deserve to keep as much of their own hard earned money in their pocket. By doing so, they will have opportunities to send a child to college, purchase a new home, hire new employees for a family run small business or take a much needed vacation.

Charlie Crist supports making the 2001 and 2003 tax cuts permanent. If given the opportunity, Charlie Crist will vote to make permanent tax cuts within individual income brackets, a permanent tax cut on capital gains, a permanent end to the unfair death tax and the end of the unfair marriage tax penalty. Congress must act in an expeditious manner to make these tax cuts permanent. Failing to do so will result in millions of Americans with higher income taxes, increased tax on their investment and increased taxes on their business.

Florida is made up of 1.9 million small businesses. Charlie Crist is committed to lessening the tax burden on American small businesses in an effort to create jobs and produce positive economic growth.

Our nation will recover from the current economic slowdown. A key component to that recovery is less taxing and more individual freedom.

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