Economic Commentary: The Disproportionate Effect of Sequestration on Florida

If the "Sequester" kicks in on March 1, the immediate cuts to the budget authority are $85 billion, and the Congressional Budget Office has indicated that spending will be reduced by $44 billion by the end of September 2013. It is incredibly important that everyone understands how detrimental these cuts will be to U.S.'s fourth largest economy and to its recovery from the Great Recession. This Economic Commentary details some of the effects of these automatic federal spending cuts on Florida.

Legislature Should Reduce Florida's Communications Services Tax

/ Categories: Research, Taxes, Budget/Approps, Economic Development, Local Government
This Briefing looks at the history of the CST in Florida, compares Florida's rates to other states, finding that Florida is the fourth-highest state in the U.S. for this tax, and recommends that the Legislature look to reduce CST rates to "benefit a wide range of Floridians, affecting virtually all individuals and businesses."

Modernizing the FRS: Switching to a Defined Contribution Plan

/ Categories: Research, Taxes, Budget/Approps, Retirement
Due primarily to its substantial and unpredictable long-term costs, the Florida TaxWatch Government Cost Saving Task Force has made recommendations to reform the current Florida Retirement System (FRS) for the past several years. Given the complexity of this issue, this Report is a further expansion, clarification, and reinforcement of these recommendations.

Aligning Postsecondary Education with Modern Employment Needs in Florida

/ Categories: Research, Economic Development, Education
To address the steps that Florida has taken and should continue to take to match our graduates to the industries that need a workforce with skill-specific education, this Briefing looks at two aspects of the issue: how the right degree can make a difference in lifetime earning potential, and how Florida's Supply and Demand Portal can help students and employers achieve their goals.
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Investing in Tourism: the Economic Impact of Expanding Florida Tourism

The economic modeling done in this Report, looking at the impact of investing more in Florida's tourism industry, indicates that the Florida tourism industry reaching the milestone of 100 million annual visitors would create 121,298 jobs, and increase overall personal income for Floridians by $5.3 billion.
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Economic Commentary - Florida's 2012 Job Growth

This month's Economic Commentary focuses on job growth in Florida during 2012. The analysis shows that Florida has continued its recovery from its most recent recession, showing strong job creation in a significant number of sectors.
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31123

Budget Watch - Governor Scott's Proposed Budget, FY 2013-14

This Budget Watch looks at the details of the Governor's $74.2 billion proposed budget for FY2013-14.
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4

Report on 2012 Justice Summit

This Report includes a recap of the 2012 Justice Summit in Florida, as well as three pre-meeting recaps from the run up to the Summit.
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11

Aligning Postsecondary Education with Modern Employment Needs in Florida

To address the steps that Florida has taken and should continue to take to match our graduates to the industries that need a workforce with skill-specific education, this Briefing looks at two aspects of the issue: how the right degree can make a difference in lifetime earning potential, and how Florida's Supply and Demand Portal can help students and employers achieve their goals.
Read more
12

Looking at Florida's Municipal Pensions

Some Florida cities are taking meaningful steps towards reducing their pension liabilities, according to this Report, released by Florida TaxWatch, and the LeRoy Collins Institute, housed at Florida State University.
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13

Modernizing the FRS: Switching to a Defined Contribution Plan

Due primarily to its substantial and unpredictable long-term costs, the Florida TaxWatch Government Cost Saving Task Force has made recommendations to reform the current Florida Retirement System (FRS) for the past several years. Given the complexity of this issue, this Report is a further expansion, clarification, and reinforcement of these recommendations.
Read more
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Legislature Should Reduce Florida's Communications Services Tax

This Briefing looks at the history of the CST in Florida, compares Florida's rates to other states, finding that Florida is the fourth-highest state in the U.S. for this tax, and recommends that the Legislature look to reduce CST rates to "benefit a wide range of Floridians, affecting virtually all individuals and businesses."
Read more
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25

Economic Commentary: The Disproportionate Effect of Sequestration on Florida

If the "Sequester" kicks in on March 1, the immediate cuts to the budget authority are $85 billion, and the Congressional Budget Office has indicated that spending will be reduced by $44 billion by the end of September 2013. It is incredibly important that everyone understands how detrimental these cuts will be to U.S.'s fourth largest economy and to its recovery from the Great Recession. This Economic Commentary details some of the effects of these automatic federal spending cuts on Florida.
Read more
26

Summary of the ARNP Scope of Practice Summit

This summary of the Florida TaxWatch Center for Health & Aging ARNP Scope of Practice Summit recaps the presentations and panel discussion from the Summit, which brought together state and national policy experts on the topic, and helped to advance reform discussions in the Capitol.
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Reforming Florida's Claim Bill Process

Florida's claim bill process is in need of reform. This process—by which persons can petition the legislature for payment of tort claims against government—has received increased attention in recent years due to high profile cases and large awards. This Report makes recommendations on reforming the system.
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