The Potential Impacts of New Tariffs on Florida’s Economy

/ Categories: Research, Economic Development, Energy & Environment

On April 2nd, 2025, a universal 10 percent tariff on all countries was announced by the federal government, with a few countries facing additional reciprocal tariffs of up to 50 percent. A week after the announcement, due to intense volatility in the bond market, a 90-day suspension on the tariffs was announced, with the exception of a 145 percent tariff on certain Chinese goods.

 

Social Determinants of Health: Health Care Access and Quality

This report examines the social determinants of health (SDOH), underscoring that environmental and social factors are the primary determinants of health outcomes. Significant barriers to healthcare access include high insurance costs and a large uninsured population, contributing to Florida's low national ranking in healthcare access. Challenges are particularly acute in rural and low-income areas, with a notable dependence on emergency services by uninsured individuals, imposing considerable economic strains.

To address these issues, the report suggests expanding Medicaid eligibility to enhance access and reduce costs, promoting telehealth to connect urban and rural communities, increasing autonomy for nurse practitioners and physician assistants to alleviate physician shortages, and implementing the "Live Healthy Agenda" to elevate healthcare quality and access throughout Florida. These recommendations aim to catalyze systemic changes for a healthier, economically stable state.

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OH, SNAP! Federal Policy Changes Threaten the Stability of Florida's Supplemental Nutrition Assistance Program

OH, SNAP! Federal Policy Changes Threaten the Stability of Florida's Supplemental Nutrition Assistance Program

Administered by the United States Department of Agriculture’s (USDA)’s Food and Nutrition Service (FNS), the Supplemental Nutrition Assistance Program (SNAP) provides funds to help low-income households afford low-cost, nutritious meals. In July 2025, President Trump signed the One Big Beautiful Bill Act of 2025 (the OBBB Act), tightening SNAP policies that determine eligibility, benefits, and program administration. Florida TaxWatch undertakes this independent research project to better understand how the upcoming changes in SNAP requirements will impact Florida’s budget and its ability to provide much needed food assistance to needy Floridians.

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2025 How Florida Counties Compare

2025 How Florida Counties Compare

This report compares the revenue and expenditure profiles of Florida’s 67 counties to give taxpayers an overview of how their local government stacks up with the rest of the state.

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The Fiscal and Economic Impacts of Nova Southeastern University on Florida’s Economy

The Fiscal and Economic Impacts of Nova Southeastern University on Florida’s Economy

NSU generated an estimated $293.1 million in state and local taxes within the Tri-County region in FY 2024-25 and an estimated $305.1 million in state and local taxes in FY 2024-25.

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Transferring Utility Profits to a Municipality's General Fund Increases the Risk of Undercapitalization of Water Assets and Violate Taxpayer Accountability

Transferring Utility Profits to a Municipality's General Fund Increases the Risk of Undercapitalization of Water Assets and Violate Taxpayer Accountability

Setting water utility rates that incorporate the recovery of the costs associated with standard operating expenses and debt obligations is essential to ensuring the short-term and longer-term financial stability of the utility. Once these costs are covered, many publicly owned utilities make transfers to the General Fund (a practice known as “sweeping”) ostensibly to help pay for governmental services that do not generate revenue (e.g., roadway maintenance, public safety, etc.) and to help keep property taxes lower. Keeping property taxes low often means higher municipal utility rates to balance the general budget, a habitual practice that burdens utility customers with cross-subsidies and normalizes underinvestment in infrastructure.

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Florida Sheriffs’ Offices Staffing Analysis

Florida Sheriffs’ Offices Staffing Analysis

In May 2025, Florida TaxWatch and the Florida Sheriff Association conducted a joint survey to local sheriff offices to learn more about law enforcement’s workforce challenges.

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