AMERICA TIMES

Obama Tax Plan Will Hurt Florida

Posted in Economy, Florida, People - Barack Obama by americatimes on September 23, 2010
Obama’s tax plan would let some of the 2001 and 2003 tax cuts to expire, which would result in tax increases starting next year for people earning more than $250,000 and small businesses. This would reduce the number of jobs and personal income.

Among the results, from 2011 to 2020, the state of Florida would:

Lose, on average, 40,418 jobs annually.
Lose, per household, $17,696 in total disposable personal income.
See total individual income taxes increase by $33.3 billion

– – –
http://thf_media.s3.amazonaws.com/infographics/2010/Obama_tax_hikes/FL-state-CDA-obama-tax-plan.pdf
http://www.heritage.org/Research/Reports/2010/09/The-Effects-of-the-Obama-Tax-Plan-on-Florida

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