The facts on pensions don’t support rhetoric PDF  | Print |  E-mail

In 2009, the Institute on Taxation and Economic Policy issued a report showing that the wealthiest 1 percent of Floridians paid an average 2.1 percent of personal income in taxes while the bottom 20 percent of workers (many public employees) paid 13.5 percent. The Florida Center for Fiscal and Economic Policy estimates that tax breaks for that top 1 percent have cost the state a whopping $12 billion over the past decade.

Read the story in the Daytona Beach News-Journal.

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.