Business Balancing Act PDF  | Print |  E-mail


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

Businesses win; schools, state workers lose under Scott's first budget plan PDF  | Print |  E-mail

"It's really impossible to cut this state's budget by $5 billion and not do irrevocable damage to the state's most vulnerable population," said Karen Woodall, a lobbyist and health care advocate.

Read the story in The Palm Beach Post

Cutting Florida’s corporate income tax: Will it help? PDF  | Print |  E-mail

"The idea that Florida taxes are strangling economic development cannot be supported by any objective economic analysis," said Alan Stonecipher of the Florida Center for Fiscal and Economic Policy, a liberal-leaning group.

"If you're a low-tax state, you're going to be a low-service state — that's where Florida has been historically," Stonecipher said. "Now to compound that by cutting what government spends even more is just going to make the quality of life in Florida worse in education, health care, environment and parks."

Read the story in The Gainesville Sun

State Lawmakers Unveil Major Fix to Unemployment Compensation PDF  | Print |  E-mail

Karen Woodall, who represents the Florida Center for Fiscal and Economic Policy, called the new bills "the beginning of the assault on the unemployed." She said lawmakers are blaming people who are victims of the recession for the fact that the unemployment trust fund is out of money. Florida's maximum weekly payment is already one of the lowest in the nation.

You can read the story in The Florida Tribune

A Disaster of Tallahassee’s Choosing PDF  | Print |  E-mail

Fortunately, the Florida Center for Fiscal and Economic Policy has identified several areas where our state can raise the more than $3 billion required to ensure there are no cuts in this year's budget, particularly to our schools. Some of these items include modernizing our state's sales tax by removing unnecessary exemptions and eliminating unnecessary corporate income tax exemptions. And those are only selected recommendations. The reality is that Florida annually gives up $12 billion a year in potential sales tax revenues and another $20.9 billion in potential service tax revenues. At the end of the day, budget cuts are completely unnecessary.

FCFEP's recommendations can be found here.

You can read the story in Progress Florida

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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.