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Florida TaxWatch Releases Annual “How Florida Compares: Taxes” Report

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TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released the 2020 edition of its annual How Florida Compares: Taxes report. The FTW How Florida Compares: Taxes report is an easy-to-use guide to help Floridians better understand their state by comparing Florida’s taxes to those that are levied across the nation. The report, which is part of FTW’s larger How Florida Compares series, provides nonpartisan information on where Florida ranks and contains nearly 40 tables, graphs, and charts that provide a comprehensive look at tax collections and other government revenues for all 50 states.

What Benefits Cliffs Teach Us About Incentives

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Throughout the U.S. and in Florida, a variety of federal and state public programs exist to provide economic stabilization and promote economic self-sufficiency for low-income individuals and families with children. These public supports are often designed with specific income eligibility limits so that benefits phase out as an individual or family earns more. Although constructed to reduce reliance on public assistance over time while empowering families to move up the economic ladder, this program design can sometimes have the unintentional consequence of creating a “benefits cliff” that stifles upward mobility.

SGIP Review Saves Taxpayers Millions

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With an audit nearing completion, state DMS reported today that 1,825 ineligible dependents have been dropped from the SGIP, saving close to $9.5 million.

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