I am asking for your support in voting NO for Amendment 4. The passage of Amendment 4 will be devasting to Florida's economy. Please watch this short video about St. Petersburg Beach and how a simular law devasted their economy.
"During the Great Recession, when Florida has double digit unemployment, the most important issue with Amendment 4 is its effect on our economy and the taxpayers of Florida," says Dominic M. Calabro, president and CEO of Florida TaxWatch, a non-partisan, non-profit public policy think tank and state government watchdog based in Tallahassee. "This analysis reveals that Amendment 4 will cost Floridians more than 250,000 jobs at a time when more than 1 million Floridians are out of work. Amendment 4 imprudently adds another layer of cost to the taxpayers while jeopardizing Florida's long-term growth and prosperity. This analysis shows that Florida simply cannot afford Amendment 4 and it should not be in Florida's Constitution."
The analysis estimates that Amendment 4 would cost:
- More than 260,000 jobs
- $16.7* billion in personal income
- $21.6 billion* in Gross State Product
- $2.2 billion* in state tax revenue
- $227 million loss in property taxes - approximately $3.4 million per county
(*Estimates are average over six years in constant 2010 dollars)
Click here for the full study conducted by Florida Tax Watch
Source www.FloridaRealtors.org
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