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In 2012-13, a proposed 2.5 percent corporate income tax rate would generate $1 bill

“This is a direct trade-off,” said Alan Stonecipher, spokesman for the Florida Center for Fiscal and Economic Policy. “If you give that money back to corporations, it doesn’t go into the state treasury. So what doesn’t it fund? It doesn’t go to pay public schools. It doesn’t go to pay health care services under Medicaid. It doesn’t go to services for people with disabilities. All of those things that we rely on take a cut.”

Read the story in The Bradenton Herald

 
 
The Florida Center for Fiscal and Economic Policy
579 East Call Street
Tallahassee Florida 32301
Phone: 850-325-6480
Email: info@fcfep.org

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.