Skip to content Skip to footer
|

Florida Doles Out Billions in Corporate Tax Breaks While Slashing College Funding and Laying off Thousands

Florida’s GOP dominated legislature, along with Republican Gov. Rick Scott, has already decided that it would be prudent to pay for a corporate tax break by slashing the state’s unemployment insurance program, even though one of Scott’s aides admitted that the tax break likely wouldn’t create jobs. And evidently thinking that Florida’s problem was not enough corporate welfare, the Sunshine State’s legislature was back in action last week, doling out more corporate tax breaks, while closing a $2 billion budget hole via cuts to higher education and public sector layoffs:

Florida’s GOP dominated legislature, along with Republican Gov. Rick Scott, has already decided that it would be prudent to pay for a corporate tax break by slashing the state’s unemployment insurance program, even though one of Scott’s aides admitted that the tax break likely wouldn’t create jobs. And evidently thinking that Florida’s problem was not enough corporate welfare, the Sunshine State’s legislature was back in action last week, doling out more corporate tax breaks, while closing a $2 billion budget hole via cuts to higher education and public sector layoffs:

The 60-day legislative session that ended Friday was largely dominated by small reforms on a few pocketbook proposals. Gov. Rick Scott and the Republican-led legislature honored their pledge not to raise taxes, an article of faith for them in an election year. But to fill a $2 billion budget gap, they cut $300 million from universities and colleges, $1 billion from state worker pensions, and made another round of deep spending cuts in prisons, health care and social servicesThe $70 billion budget eliminates an estimated 4,400 state jobs and continues to rely on a three percent reduction in state worker salaries.

The budget includes a grab-bag of giveaways to various industries, including aviation companies, real estate brokers, and fruit packinghouses. It also increases the size to which a business needs to grow to qualify for the state’s corporate income tax. All told, the tax cuts will cost $2.5 billion over the next three years.

Scott has promised that these tax cuts will help jobs “grow like crazy.” However, that confidence belies the fact that Scott has been walking back his job creation promises since coming into office. He even flatly denied promising to create 700,000 jobs, in addition to those created by natural economic growth, despite video evidence showing that he most certainly did.

Truthout Is Preparing to Meet Trump’s Agenda With Resistance at Every Turn

Dear Truthout Community,

If you feel rage, despondency, confusion and deep fear today, you are not alone. We’re feeling it too. We are heartsick. Facing down Trump’s fascist agenda, we are desperately worried about the most vulnerable people among us, including our loved ones and everyone in the Truthout community, and our minds are racing a million miles a minute to try to map out all that needs to be done.

We must give ourselves space to grieve and feel our fear, feel our rage, and keep in the forefront of our mind the stark truth that millions of real human lives are on the line. And simultaneously, we’ve got to get to work, take stock of our resources, and prepare to throw ourselves full force into the movement.

Journalism is a linchpin of that movement. Even as we are reeling, we’re summoning up all the energy we can to face down what’s coming, because we know that one of the sharpest weapons against fascism is publishing the truth.

There are many terrifying planks to the Trump agenda, and we plan to devote ourselves to reporting thoroughly on each one and, crucially, covering the movements resisting them. We also recognize that Trump is a dire threat to journalism itself, and that we must take this seriously from the outset.

After the election, the four of us sat down to have some hard but necessary conversations about Truthout under a Trump presidency. How would we defend our publication from an avalanche of far right lawsuits that seek to bankrupt us? How would we keep our reporters safe if they need to cover outbreaks of political violence, or if they are targeted by authorities? How will we urgently produce the practical analysis, tools and movement coverage that you need right now — breaking through our normal routines to meet a terrifying moment in ways that best serve you?

It will be a tough, scary four years to produce social justice-driven journalism. We need to deliver news, strategy, liberatory ideas, tools and movement-sparking solutions with a force that we never have had to before. And at the same time, we desperately need to protect our ability to do so.

We know this is such a painful moment and donations may understandably be the last thing on your mind. But we must ask for your support, which is needed in a new and urgent way.

We promise we will kick into an even higher gear to give you truthful news that cuts against the disinformation and vitriol and hate and violence. We promise to publish analyses that will serve the needs of the movements we all rely on to survive the next four years, and even build for the future. We promise to be responsive, to recognize you as members of our community with a vital stake and voice in this work.

Please dig deep if you can, but a donation of any amount will be a truly meaningful and tangible action in this cataclysmic historical moment.

We’re with you. Let’s do all we can to move forward together.

With love, rage, and solidarity,

Maya, Negin, Saima, and Ziggy