Cutting Florida's Corporate Income Tax Would Hurt the State PDF  | Print |  E-mail

Here we are at the bottom of a deep hole, and now Gov. Charlie Crist offers us a shovel when we could really use a ladder.

The crushing irony of a stubborn recession like this one is that the needs of ordinary families grow at the same time the resources available to the state to meet them drops.  Like other states, Florida has seen a bigger decline in revenues than ever before.

The governor's recent proposal to reduce or eliminate Florida's corporate income tax would dig the hole deeper, costing the state up to $1.5 billion that could help struggling families with education, healthcare and any number of other important services.

> Read the op-ed by FCFEP Executive Director John Hall in the Miami Herald.

The Florida Center for Fiscal and Economic Policy
579 East Call Street
Tallahassee Florida 32301
Phone: 850-325-6480

The mission of the Florida Center for Fiscal and Economic Policy is to conduct independent research, develop new ideas, and advise policymakers on state fiscal and economic policy.  The Center pays particular attention to policy impacts on low- and moderate-income individuals, families and neighborhoods, workers, and small businesses.  The Center works to heighten public awareness of the need to adequately fund programs that improve opportunities, choices, quality of life outcomes, and the economic well-being of all Floridians.