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Comments to the Honorable Blaise Ingoglia, Chair, and Members of the House Commerce Committee Regarding HB 489: Tourism Marketing

Releases
/ Releases / 2 minutes of reading

One only needs to look at the experience of other states that have reduced or eliminated their tourism marketing efforts to understand what will happen if VISIT FLORIDA is eliminated. States like Colorado and Washington that have drastically cut or eliminated their investment in travel promotion have experienced immediate and long-term negative economic impacts. Destinations that fail to invest consistently in travel promotion will see visitors, jobs, and tax revenues go elsewhere. Should Florida choose to follow suit, tourism and the economic activity and taxes it generates will certainly decline.

Florida TaxWatch Joins Taxpayers in Celebrating Taxpayer Independence Day Sunday, April 14

Press Releases
/ Press Releases / 3 minutes of reading

TALLAHASSEE, Fla. – On Sunday, April 14, Floridians will celebrate the first day of the year where taxpayers are finally earning money for themselves and not for the tax collector. Taxpayer Independence Day, calculated by Florida TaxWatch, accepts that every dollar earned since January 1 goes to pay federal, state, and local obligations. This year, it will take the average Florida family 103 out of 365 days – or almost three and a half months – to satisfy its tax obligations. Looking at it another way, it takes two hours and 15 minutes of every eight-hour workday to earn enough to pay your taxes.

2017 Budget Turkey Watch Report

Budget Turkeys, Research
/ Budget Turkeys, Research / 2 minutes of reading

The $82.4 billion budget passed by the Florida House and Senate for FY2017-18 contains 111 appropriations items qualifying as Budget Turkeys worth $177.8 million. Most of these (79 projects worth $139.4 million) are transportation projects that are not in the Department of Transportation Work Program.

The Outlook for Tax Relief from the 2017 Legislature

Budget & Appropriations, Research, Taxes, Taxpayer Guide
/ Budget & Appropriations, Research, Taxes, Taxpayer Guide / 2 minutes of reading

This report is a look at the provisions in HB 7109, along with the Senate bills that contain one of these provisions and that have cleared at least one committee. Following this analysis is an examination of several bills and proposed constitutional amendments dealing with property taxes that could also impact the taxes Floridians pay.

2017 Taxpayer Independence Day

Research, Taxpayer Guide
/ Research, Taxpayer Guide / 2 minutes of reading

On April 17th, Floridians will celebrate Taxpayer Independence Day 2017, the first day of the year where taxpayers are no longer working to pay off their tax bill but are working for themselves. This symbolic date, calculated by Florida TaxWatch, assumes that every dollar earned from the start of 2017 went to pay taxes at all levels of government.

Budget Watch – Budget Outlook for FY2017-18 Getting Tighter

Budget & Appropriations, Research
/ Budget & Appropriations, Research / 2 minutes of reading

Just as they did at their last conference in January, Florida’s revenue estimators reduced the state’s General Revenue (GR) projections. The GR Estimating Conference met on August 15, 2016 and reduced expected collections by $131.9 million in the current year (FY2016-17) and by $131.1 million for the next budget year (FY2017-18).

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