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Session Spotlight: Not Funding VISIT FLORIDA Would Hurt Tourism Promotion and Florida’s Economy

Blog, Economic Development, Research, Tourism

Tourism plays a major role in Florida’s economic strength. More than 142 million tourists are expected to visit Florida in 2023. In 2019, 131 million visitors spent nearly $100 billion, supporting 1.6 million Florida jobs that paid $57 billion in wages. The spending generated $12.7 billion in state and local taxes. Without the state and local taxes generated by tourism, each Florida household would have to pay as much as $1,420 in additional taxes just to maintain the current level of government services.

New Florida TaxWatch Report Finds That Florida is Still a Donor State

Press Releases

Florida continues to receive far less than its fair share of federal grant dollars, according to the latest Florida TaxWatch report. Florida ranks last in in the nation in per capita federal grants, receiving about $22.8 billion in federal grants in FY2014-15 or about $1,125 for each Floridian. The report also found that Florida pays $1.58 in federal taxes for every $1.00 returned in aid, second highest in the nation.

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