Tax Cut Fever...

The insatiable pursuit of tax cuts by our legislature is, not surprisingly, a bad idea:

Florida's proposed property-tax overhaul could squeeze an already-battered state budget while further tangling a tax system that one former leader said is held together by "chewing gum" and "baling wire."

...

"The Legislature always wants to be all things to all people," said House Minority Leader Dan Gelber, D-Miami Beach. "But you've got to wonder, where do we get the money for schools, health programs and the other things people want even while we're cutting taxes?"

Even Republicans know it's a bad idea, that's why they're lying about it in an attempt to sell it:

Will the slumping Florida housing market get a major boost if voters approve a measure that allows homeowners to take their tax break with them when they move?

That's what lawmakers are touting, but some economists question whether the legislation will do much to reverse the current slowdown in homes sales.

The so-called tax portability will have a "marginal, positive effect on the real estate market, certainly, not of the size and magnitude to cause a major recovery," said Hank Fishkind, an Orlando-based private-sector economist who has served as an adviser to a number of Florida governors.