The facts on pensions don’t support rhetoric | Print |

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.