Tax Giveaways to Corporations Deserve a Look on Tax Day | Print |  E-mail
April 2011

As Floridians file their federal income tax returns -- some marking Tax Day with objections to the level of taxation and government spending -- it is useful to remember all the different ways state government spends tax dollars.

Often overlooked are the many programs that give away tax money collected from Floridians to select corporations while the legislature cuts appropriations for vital services and considers giving more money for “economic development incentives".

Whether the "incentives" work to create jobs, or whether they merely reward corporations for activities they would have done anyway, is open to question.

Official state reports suggest that half or more of the companies receiving incentive funds would have expanded or relocated in Florida anyway, even without receiving tax dollars.

> Read the report.