Florida Senator Rick Scott weighs in on Florida's tax policy

High-tax New York is facing a sudden revenue shortfall, while low-tax Florida is considering a tax cut after bigger than expected windfalls. Florida Senator Rick Scott (R-Fla.), and former governor of the state, joins "Squawk Box" to discuss the state's tax policies. Guest host Ian Shepherdson, chief economist at Pantheon Macroeconomics, and CNBC's Robert Frank join the conversation.