Tax breaks pad big pockets -- OrlandoSentinel.com

While we may have only two large political parties, we are now seeing that in spite of a great sales job, the Republican led administration here in Florida has once more shown its devotion to big business at the cost of the average citizen. When we vote, we each need to decided on whether we will live better if big business gets the breaks (more jobs, etc, etc.) or if politicians remember who they are supposed to represent; the people! If it is the former, then you vote Republican. If it is the latter, your best bet is with the Democrats. Disney World, with its own fire department is not going to feel concerned if the nearest fire station has to lay off a fireman or two and get rid of a truck or two but it sure is going to affect you.

Money saved on taxes gets reallocated elsewhere by corporations: Infrastructure, maintanance, expansion, to pay for costs of doing business.

Disney World has it's own fire department so it can deal with it's own needs faster. That benefits the community in that the community's resources aren't utilized to keep running to a theme park to take care of fires or emergencies that pop up. If the "alarm" level of a fire is great enough then the community's fire stations go in as additional resources.

You get more tax revenues when you cut taxes. It worked in the REagan era, it's working now.

And most everyone, including homeowners, are in fact also getting the tax cut. So the benefit is being spread around. Individual homeowners can use that tax cut any way they wish. Reallocating it to the economy means businesses benefit, employment benefits, other types of taxes are charged on the spending of the tax cut. Where you aren't paying one tax, when you reallocate it into the economy different taxes get charged on it. So local governments, even state government since some sales taxes benefit the state, aren't out that much money, really.

Just my humble opinion, others' mileages can and do vary, and that's OK.:-)

I'm sorry, but doesn't it make sense that the biggest taxpayers save the most, when you do it by percentage? Of course, I'll be curious to see if the utilities et al pass on their savings. Not counting on it.

I may save about $25.00 on the taxes not even enough to fill my gas tank and Lake County is wanting to raise the garbage fees for rural pick ups and fire service. So what I'm I gaining nothing I'll end up paying more than before the tax **** job. But yet someone who owns a multi million corperation and house worth about a million can double dip and the insurance cut what a joke. Republicans do what republicans do best **** the working class and low income. Christ is a joke like Bush.

If you elect to take the "Super Exemption" your property will be appraised then take off the $75k. Some people are calculating their savings or not savings on their SOH appraised value. If you elect to take the super exemption you will lose your SOH value.

I thought this was a break for homeowners? The only break is "gimme a break"..as in a joke" If you took all the commercial tax savings and divided amongst individual homeowners, it may have been somewhat worth all the time, money and effort of the legislature. Anyway, guess I will go count all the ways I can spend $200!! Oh yea, how 'bout I spend it on just a fraction of what my homeowners insurance just went up. Hmm?.. lets see, a laughable property tax break and a ridiculous homeowners insurance hike. Is there something working opposite here in Crist promises!!??

OMG! Do do the calculations! IT'S A PATHETIC JOKE OF A 'SAVINGS'!!!

I can't believe people think this is news AFTER the fact. Anyone who thought these cuts would benefit the average person is hopelessly naive.

That super exemption is a scam. I am voting against it. I do not care if big corporations save on taxes. The elast money the goverment gets the better for us. Look what they are doing wasting 1.1 billion dollars on downtown orlando.

Wow. Somebody just figured out that the ones that pay the most in taxes will see the biggest savings. Isn't that amazing.

I dont know why anyone bothers to vote anymore. The politicians may start to get it if no one shows up to vote in the next election. As much as I hate to do it it is time to move out of Florida.

Here are three lessons from Economics 101:

1. A "massive tax cut" will save you about $10, while a "minor tax increase" will cost $100.(Sorry, that is just the way it works.)

2. Local governments are required to balance their budgets, so when you cut local taxes, you MUST cut services.

3. Anyone who thinks cutting taxes produces more revenue does notunderstand economics. That particular idea (called the "Laffer Curve") only works when the tax rate is about 90% or so.

If the state wants to show it cares, why mandate a tax cut to local gov't. Seems like a lot of state spending should be cut. I have been saying Crist is deceiptful since he started his election campaign, he talks a good game.
I am so sick of people complaining about Bush and Crist, we all elected them.
It seems once the democratic party fixes our country, we get greedy want less taxes and vote Republican. Problem is we don't get many tax cuts and we head for financial crisis.

Here goes another bowl of liberal porridge intended to press the hot button of all the self proclaimed "poor" victims of "the man".

"The biggest winners in the largest tax cut in state history are utility companies, theme parks, time-share operators and other property-rich corporations."

Woo - Woo, Wah - Wah, grab your torches and your pitchforks and let's march on these rich, powerful scumballs and burn them out and kill them all.

If you own property you are evil, dishonest, and no doubt got that property because you stole it, or inherited it from Daddy, or you were just a "winner of life's lottery" is your mantra. People who don't own big properties or have none at all are just "the less fortunate" and the losers of life's lottery - Isn't that how it is being simplified daily by the liberal left wing (Read CPOA driven underground).

In order to understand the Liberal dogma you first have to understand that to a liberal Social Democrat, all things should belong to the government, including your salary, bonuses, savings, etc. If you somehow manage to shield any of it from being taken from you, you are being "greedy" and "dishonest". It isn't a tax at all, it is a "contribution" for the "common good". It is a horrible thing in a iberal's eyes that not everyone has the same amount of "stuff" and doesn't live in the same sized and equipped house and doesn't drive the same sized car and have the same job as everyone else. They want to "redistribute" the wealth of the so called rich so everyone has an equal share.(Progressive income taxes ) The theory sounds wonderful doesn't it ? The sad thing is it has never, ever worked even in the countries who adopted that system one hundred percent and most all are converting back to at least a quasi capitalistic system where the individual can make money on the side and raise his or her standard of living as in mainland China today.

I guess the reason so many of you who find simple mathematics impossible to comprehend in that you cannot reason why someone who owns millions of dollars in property would benefit more than someone who only owns a propert worth a hundred and fifty thousand dollars from the same percentage tax cut is probably why you don't own the millions of dollars in property. You didn't stay in school, you didn't make the effort to make top grades, you didn't enter the right jobs, didn't work hard enough and didn't take the right risks at the right time and now you suffer the consequences. Others did all these things and now they have the million dollar properties - but they didn't steal them or cheat you out of them - they earned it, the hard way. Get over it, stop your whining.

Why did you not include Brevard County in your tax tools?

well,if i pay 168,000.00 in property taxes and get a 7000.00 cut under this plan.why is that so wrong.i guess this so called newspaper is playing the rich vs. poor bs......

Morry123 wrote:

While we may have only two large political parties, we are now seeing that in spite of a great sales job, the Republican led administration here in Florida has once more shown its devotion to big business at the cost of the average citizen. When we vote, we each need to decided on whether we will live better if big business gets the breaks (more jobs, etc, etc.) or if politicians remember who they are supposed to represent; the people! If it is the former, then you vote Republican. If it is the latter, your best bet is with the Democrats. Disney World, with its own fire department is not going to feel concerned if the nearest fire station has to lay off a fireman or two and get rid of a truck or two but it sure is going to affect you.

Big biz in Florida has shown time and again it has no intention of using these cuts to pay there workers better. This tax cut was not supposed to be for big biz but here we are another epublican plan and who benifits as usaul big biz and you know they are not going to spread the wealth by paying more for the jobs they make. This is the best we can get from our republican lead state government whar a shame or should i say scam.

please keep your opinions to yourself, this is a fact-only board.

Grandma Fudd wrote:

Here goes another bowl of liberal porridge intended to press the hot button of all the self proclaimed "poor" victims of "the man".
"The biggest winners in the largest tax cut in state history are utility companies, theme parks, time-share operators and other property-rich corporations."
Woo - Woo, Wah - Wah, grab your torches and your pitchforks and let's march on these rich, powerful scumballs and burn them out and kill them all.
If you own property you are evil, dishonest, and no doubt got that property because you stole it, or inherited it from Daddy, or you were just a "winner of life's lottery" is your mantra. People who don't own big properties or have none at all are just "the less fortunate" and the losers of life's lottery - Isn't that how it is being simplified daily by the liberal left wing (Read CPOA driven underground).
In order to understand the Liberal dogma you first have to understand that to a liberal Social Democrat, all things should belong to the government, including your salary, bonuses, savings, etc. If you somehow manage to shield any of it from being taken from you, you are being "greedy" and "dishonest". It isn't a tax at all, it is a "contribution" for the "common good". It is a horrible thing in a iberal's eyes that not everyone has the same amount of "stuff" and doesn't live in the same sized and equipped house and doesn't drive the same sized car and have the same job as everyone else. They want to "redistribute" the wealth of the so called rich so everyone has an equal share.(Progressive income taxes ) The theory sounds wonderful doesn't it ? The sad thing is it has never, ever worked even in the countries who adopted that system one hundred percent and most all are converting back to at least a quasi capitalistic system where the individual can make money on the side and raise his or her standard of living as in mainland China today.
I guess the reason so many of you who find simple mathematics impossible to comprehend in that you cannot reason why someone who owns millions of dollars in property would benefit more than someone who only owns a propert worth a hundred and fifty thousand dollars from the same percentage tax cut is probably why you don't own the millions of dollars in property. You didn't stay in school, you didn't make the effort to make top grades, you didn't enter the right jobs, didn't work hard enough and didn't take the right risks at the right time and now you suffer the consequences. Others did all these things and now they have the million dollar properties - but they didn't steal them or cheat you out of them - they earned it, the hard way. Get over it, stop your whining.

Regarding #2. You can increase user fees to compensate instead of cutting service. That's what many local governments are doing. The result is no savings or in many cases an increase in the overall tax bill.

Dave wrote:

Here are three lessons from Economics 101:
1. A "massive tax cut" will save you about $10, while a "minor tax increase" will cost $100.(Sorry, that is just the way it works.)
2. Local governments are required to balance their budgets, so when you cut local taxes, you MUST cut services.
3. Anyone who thinks cutting taxes produces more revenue does notunderstand economics. That particular idea (called the "Laffer Curve") only works when the tax rate is about 90% or so.

Don't these concerns ,Big Business, also employ mega amounts of people,contract and subcontract with mega numbers of other companies who employ and also contract out source?All of whom pay taxes ,fees and fines that support multiple government functions such as funding schools defense,healthcare and social security among other things! Stop attacking the hand that feeds this system! This article is not very well thought out and is counter productive.Don't these big business also buy mega amounts of advertisement from print media which allows you to even have this discussion.We need to focus on economic recovery not biting the hand that is feeding our economy and system! Dumb!