lesopp
join:2001-06-27
Land O Lakes, FL
| reply to garagerock
Re: This is what massive Federal tax cuts will get you
Florida voters amended the state constitution some years ago to bar the state from taxing income.
Florida used to get a good chunk of change from tourism revenues. Following 9-11 tourism fell and never completely recovered. Adding to that the tech bubble burst, jobs were lost and the economy went into a recession.
Finally, the voters in 2000 amended the state constitution to require the government build a high-speed rail system. In 2002 they again amended the state constitution to limit class sizes, along with some other dumb-ass amendments. The voters approved all these amendments without a thought as to how they would be funded. |
