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Uh-oh: The end of Florida as a tax haven?

A lot of friends have packed up and moved to Florida.

Some say it’s because of the winter weather.

Most concede that it’s because of the favorable state tax structure.

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Andrew Gillum is a far  left progressive … even to the left of Bernie Sanders.

He advocates extensive government spending on social programs … think: Medicare for all and expansion of Medicaid.

His campaign is built around the “power of free”.

It’s relatively silent on the details of paying for the freebies.

So it surprises me is that I haven’t heard any chatter about the inevitable rise in taxes if Gillum gets elected governor.

Maybe, the FL legislature will still be controlled by the GOP … containing any tax increases in the short-run.

But, eventually the tax piper will need to be paid if the majority of Floridians vote for big spending.

All of which raises the question: what happens when a tax haven turns Blue.

Uh-oh.

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This entry was posted on October 26, 2018 at 6:59 am and is filed under 2018 Midterm Elections, Florida, Tax migration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Uh-oh: The end of Florida as a tax haven?”

  1. Ben R's avatar Ben R Says:
    October 30, 2018 at 10:13 am | Reply

    So lazy. There are plenty of details ‘”hiding” at the candidate’s website:

    https://andrewgillum.com/issue/economy-and-jobs/

    The President just tweeted that Gillum is a thief. His evidence: nothing. Just a little white lie? No problem in an already racially charged election?

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