Florida Legislature Braces to Try Again to Agree on Tax Cut.

Byline: David Twiddy

Nov. 21--A week before lawmakers return to Tallahassee to continue chopping away at a $1.3 billion revenue shortfall, the state tax on stocks and bonds continued to fixate politicians.

Gov. Jeb Bush said Tuesday that he had gathered enough House votes to delay the latest cut to the so-called "intangibles" tax by 18 months.

Meanwhile, House and Senate Democrats proposed actually reinstating the tax to where it was two years ago, before Bush and the Republican leadership began phasing it out.

An agreement on the tax proved impossible just a month ago during the first special legislative session on the budget.

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