VISIT FLORIDA Extended When we Need it Most

/ Categories: Blog

In the most recent legislative session VISIT FLORIDA’s future was uncertain. SB 362 extended its life for three more years and set its funding at $50 million. The extension that VISIT FLORIDA received is vital to Florida’s tourism industry and comes when we need it most due to the COVID-19 impacts on the state’s economy. Other states that have reduced or eliminated their tourism marketing efforts have experienced immediate and long-term negative economic impacts. Florida TaxWatch research has shown that continuous, targeted investment into Florida’s tourism industry is critical to our state’s success.

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Taxpayer Independence Day 2020

Floridians’ tax burden is going to decrease but so is our ability to pay for it

/ Categories: Research, Taxes

Every year, right around the usual April 15 deadline to pay your federal taxes, Florida TaxWatch releases our Taxpayer Independence Day report. This marks the symbolic date that Floridians are finally earning money for themselves–not for the government. This assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations. This measure of tax burden is based on the relative size of all taxes paid in Florida to our state’s total personal income and serves as a gauge for how fast government is growing versus our ability to pay for it. 

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State and Local Funding Under the CARES Act

/ Categories: Research

In two dashboards, we explored the distribution of $150 billion in federal aid under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the different states and to qualifying local governments. Each state is allocated an amount proportional to its population size with at least $1.25 billion guaranteed regardless of population share. In addition, local governments with populations over 500,000 can also claim up to 45% of the amount allocated for their population, while the other 55% is retained by the state to serve that same population. Also, a second dashboard shows the distribution among Florida’s qualifying local governments.

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Florida's Top Public Employers by County

/ Categories: Research

This Florida TaxWatch Briefing analyzes the significance of public employment in Florida by breaking down the ten largest employers per county (by number of employees) based on whether they are public or private entities. Public entities fall under four levels: federal, state, county, and municipal governments. Of the 670 entities statewide, 280 are public and 390 are private. 

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4/8/2020

Florida's Top Public Employers by County

This Florida TaxWatch Briefing analyzes the significance of public employment in Florida by breaking down the ten largest employers per county (by number of employees) based on whether they are public or private entities. Public entities fall under four levels: federal, state, county, and municipal governments. Of the 670 entities statewide, 280 are public and 390 are private. 

Read more
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4/17/2020

VISIT FLORIDA Extended When we Need it Most

In the most recent legislative session VISIT FLORIDA’s future was uncertain. SB 362 extended its life for three more years and set its funding at $50 million. The extension that VISIT FLORIDA received is vital to Florida’s tourism industry and comes when we need it most due to the COVID-19 impacts on the state’s economy. Other states that have reduced or eliminated their tourism marketing efforts have experienced immediate and long-term negative economic impacts. Florida TaxWatch research has shown that continuous, targeted investment into Florida’s tourism industry is critical to our state’s success.

Read more
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