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After hearing criticism from lawmakers, Governor Rick Scott made a rare appearance before the House Finance and Tax Committee to pitch his billion dollar tax cut this afternoon. He was hit with questions asking why he is allowing homeowners property taxes to rise with increasing values to fund schools instead of reducing corporate tax cuts or using state savings. Scott says it is to diversity the economy.

“if you look at what we’re doing with regard to property taxes, we’re not increasing the mileage rate….we’re not increasing the milage rate. It’s positive when the values of peoples homes go up. It’s way better when the four years before I got elected, home prices dropped almost fifty percent” Scott told reporters.

The billion dollar tax cut package, which other than reducing sales taxes on college text books and providing for a Back to School tax free holiday goes almost exclusively to businesses.