Sunday, December 30, 2007

Republicans Hate Florida, Poor People, the Future

Orlando Sentinel:


Indeed, during the past nine years, lawmakers haven't raised a single tax and have approved a cumulative total of $20 billion in tax cuts, mostly benefiting corporations and wealthy Floridians.

In the process, they've made Florida even more reliant on the sales tax. Collections now total almost $20 billion -- or 75 percent of the state's recurring annual revenue.


So tax cuts for the wealthy and corporations, tax increases for poor people and horrible fiscal stewardship that sets up the state to either destroy education and other services in the future, that's Republican economics for you. Shifting taxes from the rich to the poor is not only un-American, it's bad policy. What happens when the economy stalls and the middle and lower classes can't afford to buy big-ticket items? Oh yeah, you lose billions in revenue and everything gets worse.

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