Can a catchy new slogan attract more businesses to Florida? We’ll soon find out.
State forecasters added nearly $400 million to estimated tax revenues over the next year and a half — but warned that dangers like the “fiscal cliff” could still damage a fragile economic recovery powering the gains.
Proof that Florida’s economy is recovering the recession: state tax collections are up, and Florida economists are predicting that tax revenue will continue to grow over the next three years.
Gov. Rick Scott told a crowd of supporters in St. Augustine that Florida’s economy is getting better and will improve even more if former Massachusetts Governor Mitt Romney is elected president.
Florida Governor Rick Scott has touted Florida’s declining unemployment rate for the past several months. According to Bloomberg News, Republican presidential nominee Mitt Romney has a message for Scott, be quiet.
The state government is expected to face another shortfall over the next two years ranging from $1.3 to $1.7 billion according to state economists.
Forty years ago Florida voters implemented on corporate income after their new governor stumped the state with a pair of Sears shirts, one bought in the state and the other in neighboring Georgia, which already had that tax.