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Florida TaxWatch Releases Updated Analysis of Consumer Data Privacy Legislation

Press Releases
/ Press Releases / 4 minutes of reading

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) is releasing a Session Spotlight report entitled The Impacts of Consumer Data Privacy on Florida’s Economy. In the report, FTW analyzes HB 9 and SB 1864, proposed legislation that would enact consumer data privacy and provide sweeping changes to how certain Florida businesses interact with their customers’ personal information. The taxpayer research institute builds on an October 2021 report, Who Knows What? An Independent Analysis of the Potential Effects of Consumer Data Privacy Legislation in Florida, and incorporates recent empirical findings to present potential impacts of these bills.

“Why Human Trafficking Is More Than Just A Moral Issue.”

Blog, Research
/ Blog, Research / 7 minutes of reading

January 2022 marked the 12th Annual Human Trafficking Awareness Month. A recognized memorial since 2010, the designation seeks to raise human trafficking awareness and educate the public about the crime’s heinous impact on millions of people across the world. Given the criminal enterprise nature of human trafficking, there is also an inherent economic cost to communities and the state of Florida when exploitation prevents victims from leading dignified, generative lives. What are the costs and implications of human trafficking in Florida?

Wage Growth and Talent Attraction in the Pandemic Labor Market

Economic Development, Research
/ Economic Development, Research / 3 minutes of reading

Amid a tight labor market and the ongoing “great resignation,” companies are pursuing creative and concerted efforts to attract and retain talent. Especially for service industries wrestling with existing labor shortages, recruitment methods have included sign-up bonuses, tuition reimbursement, free coding classes, and of course, higher wages. These strategies have produced higher pay for many workers and signaled a reversal from the lackluster wage growth in the years leading up to the pandemic.

What Benefits Cliffs Teach Us About Incentives

Blog
/ Blog / 6 minutes of reading

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.

New General Revenue Estimates Add Another $4.0 Billion to Amount Available for the Next Budget

Budget & Appropriations, Research
/ Budget & Appropriations, Research / 3 minutes of reading

With state coffers already swelling, the General Revenue Estimating Conference (REC) met on January 21, 2022, to develop the state’s new forecast for general revenue (GR) collections. This is the revenue estimate that the 2022 Legislature will use for the new FY2022-23 state budget. The REC increased its estimate for GR collections by $3.3 billion in the current year (FY2021-22) and by $704 million in FY 2022-23. This means lawmakers have another $4 billion available to spend. Florida was already in its best fiscal shape in history.

WORKING PAPER: Where Are The Women?

Blog, Economic Development, Research
/ Blog, Economic Development, Research / 14 minutes of reading

This working paper is an endeavor to learn more about Florida’s labor force participation rate of women. Exploring reasons for women’s absence from the workforce can help Florida better understand the needs of its entire workforce. As a working paper, Florida TaxWatch hopes to start a discussion and encourage others to offer their insights about women’s absence from the workforce.  

Florida TaxWatch Releases Policy Brief Examining Higher Education Achievement Rates in Florida The taxpayer research institute identifies achievement gaps and their impacts on the state economy

Press Releases
/ Press Releases / 3 minutes of reading

Tallahassee, Fla. – Today, Florida TaxWatch is releasing a policy brief entitled The Economic and Fiscal Impacts of Education and Training Beyond High School in Florida. It is the first installment in a two-part series, examining educational achievement rates across Florida’s demographic populations to identify current achievement gaps and their impacts on the state economy.

We have a once-in-a-generation opportunity to invest in Florida’s future

Budget & Appropriations, Economic Development, In the News, Taxpayer Guide
/ Budget & Appropriations, Economic Development, In the News, Taxpayer Guide / 3 minutes of reading

The 2022 legislative session begins today and, despite the pandemic, Florida is in an enviable fiscal position. The state’s current budget is record in size, as are our budget reserves. Revenue collections are back above pre-pandemic levels, and this Legislature will have even more money available for the next budget cycle, made possible by both strong economic performance and billions in unappropriated federal funds.

Florida TaxWatch Releases Analysis of Federal Pandemic Relief and Stimulus Funding

Press Releases
/ Press Releases / 4 minutes of reading

TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Navigating Federal Pandemic Relief: Following Billions in Stimulus Dollars, Where Do We Go From Here? The report presents an analysis of the dollars allocated to Florida for the six stimulus packages Congress has passed since March 2020 and offers recommendations to help the state take full advantage of the federal funding that has not yet been spent or the additional funds that it will receive in the near future.

Navigating Federal Pandemic Relief: Following billions in stimulus dollars, where do we go from here?

Budget & Appropriations, COVID Recovery, Research
/ Budget & Appropriations, COVID Recovery, Research / 4 minutes of reading

The massive amount of federal funding provided in the six stimulus acts provides an unprecedented opportunity to improve Florida and fund programs and infrastructure that have had long-standing backlogs with few past feasible opportunities to address to this degree.

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