Florida Income Tax Controversy

Paper Summary:

This paper discusses the income tax controversy that exists in the State of Florida. It explores the subject of Florida adopting a personal income tax and examines several economic implications regarding the social costs and benefits of Florida's legislative and fiscal policies. The paper discusses the options for Florida in terms of whether they should adopt a personal income tax. The paper contains tables.

Table of Contents:
Introduction
In Florida...
A Balanced Tax System
Income Tax Considerations
Perks Accompany the Lack of a Personal Income Tax
The Tax Revolt
Chronology of EIG Tax Elimination
Income Tax Proponents, Opponents and Components
No Other Answer...

From the Paper:

"In response to the 2006 Florida Government Accountability Act, consistent with Florida TaxWatch, Florida state legislatures imposed substantive and procedural modifications to reportedly increase effectiveness, efficiency, and accountability among agencies, boards, and commissions. To produce good decisions for Florida taxpayers, this enhanced legislative understanding of agency needs and activities reportedly proved to be a valuable byproduct of the act. Florida Tax Watch warns that good intentions, such as those which led to the 1994 Ac passing, must be enhanced by the link of a sustained commitment of time, interest, and consequential actions on the part of legislators. ("Making Florida's Latest Government", 2006)"

Sample of Sources Used:

• Achenbaum, W. A. (2006). Land of Sunshine, State of Dreams: A Social History of Modem Florida. Journal of Social History, 40(1), 262+. Retrieved October 10, 2008, from Questia database: http://www.questia.com/PM.qst?a=o&d=5017547397.
• Archibald, R. B., & Feldman, D. H. (2006). State Higher Education Spending and the Tax Revolt. Journal of Higher Education, 77(4), 618+. Retrieved October 10, 2008, from Questia database: http://www.questia.com/PM.qst?a=o&d=5016653967.
• Bell, Michael, Brunori, David,Green, Richard,Wolman, Hal,Cordes, Joe, and Qadir, Tanya. (2005, August). "GWIPP WORKING PAPER SERIES State and Local Fiscal Policy and Economic Growth and Development." Working Paper Number 26. The George Washington University. Retrieved October 10, 2008, from: http://www.gwu.edu/~gwipp/papers/wp026.
• Conway, Karen Smith; Rork, Jonathan C.. "State "death" taxes and elderly migration - the chicken or the egg?", National Tax Journal, March 1, 2006. Retrieved October 10, 2008, from: http://www.highbeam.com/doc/1G1-145338759.html.
• Florida Tax Guide. (2002-2004). State of Florida.com. Retrieved October 10, 2008, from: http://www.stateofflorida.com/Portal/DesktopDefault.aspx?tabid=29.

More papers on Florida Income Tax Controversy:

• Essay # 35572 : "Income tax in Florida"
• Analytical Essay # 105344 : "Federal Income Tax Receipts and Overall Tax Rate"
• Argumentative Essay # 142203 : "Eliminating the U.S Income Tax Law"

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