Saturday, April 14, Florida TaxWatch joins the taxpayers in our state in celebrating Florida Taxpayer Independence Day 2018. On that day, Floridians are finally earning money for themselves–not for the tax collector. This symbolic date assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations.
The $88.7 billion budget passed by the Florida House and Senate for FY2018-19 contains 87 appropriations items qualifying as Budget Turkeys worth $147.5 million. Since projects were not added to the budget during conference this year, most of these were flagged because they circumvented established selection processes. This includes 56 local transportation projects worth nearly $120 million. These member projects, for which there is no formal evaluation and selection process, bypass the transportation planning process, potentially diverting funds from projects that are in the DOT work program.
Find out all about what happened this Session with the TaxWatch Legislative Wrap Up.
The Constitution Revision Commission is considering a proposal (P88) that, if approved by the voters, would create a new section in the Constitution to establish a “bill of rights” that expands litigation for residents of nursing homes and assisted living facilities in Florida. Florida TaxWatch has undertaken an analysis of P88 to guide Commission members in their deliberations regarding P88 and its committee substitute (CS/P88), and to educate the voters should the Commission recommend CS/P88 be placed on the ballot for the November 2018 General Election.
The House unveiled its 2018 tax cut package (HB 7087) almost a month ago, while the Senate’s did not appear until week 8 of
the session when it was amended onto SB 620 in the Appropriations Committee. The bills have a lot of similarities, but there are big differences that will have to be negotiated before a final tax cut package is approved.