March 19, 2024
Working for Your Success

Photo: Michael Spooneybarger

Governor Rick Scott & Secretary of Commerce Gray Swoope

Welcome from Business Florida

Working for Your Success

| 9/25/2014

An Opportunity Economy

Florida - The Perfect Climate for Business

Florida has long been the place where visionaries and innovators come to achieve their dreams. To expand their opportunities, the number one priority of my administration has been to make Florida the most business friendly state in the country. Thanks to the economic turnaround we have mounted here, Florida now ranks as the second best place in the nation to do business.

We’ve worked hard to create an opportunity economy where growing, thriving industries create jobs and careers for generations to come. By cutting taxes for Florida families, providing historic levels of education funding in Florida and holding the line on tuition, we are putting more money back into the pockets of Florida families. Since taking office, we have worked to remove nearly 3,000 regulations on small businesses, paid down $3.6 billion in state debt, and our unemployment rate has dropped from 11% in 2010. Florida’s infrastructure is ranked second in the nation, and we are continuing to prepare our seaports for the post-Panama Canal expansion, which will create more new job creation opportunities. These strategies are creating the ideal business climate in Florida, and we will keep working to create an opportunity economy and to make Florida the best state in the nation for business.

To continue Florida’s exceptional economic momentum, my goal is to phase out state corporate income tax. Already more than 75% of Florida’s businesses do not pay a state corporate income tax, and last year we worked to eliminate the sales tax on manufacturing and equipment, saving the more than 18,000 manufacturing companies in the state approximately

$141 million annually. As a businessman myself before being elected governor, I know firsthand the importance of lowering the cost of doing business to a company’s bottom line.

As grandfather to three boys, I want Florida to be the best place for the next generation to succeed. Every entrepreneur who chooses to invest in the Sunshine State brings great news for Florida families. New jobs mean more Floridians are able to provide for their families and live the American dream.

Rick Scott, Governor
Chairman, Enterprise Florida Inc.

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