Show me the money - please
By:
Larry Thornberry, Florida Real Estate Journal
Finding enough new revenue and tax cuts to balance Florida’s budget in 2008 was a stiff challenge for the Florida Legislature. It took $2.2 billion in new taxes and fee increases along with $5.3 billion from the federal stimulus slush fund to balance Florida’s current $66.5 billion budget. It also took a lot of time, sweat, and wrangling to get it done. Other issues had to be ignored as legislators spent most of their time in last spring’s regular session with their green eye-shades on.
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