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by matthewdgreen
1914 days ago
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Florida is currently facing a $2-$3 billion tax shortfall (numbers vary depending on the time of projection [0]) and California is facing a budget surplus [1]. There are details around this like one-off capital gains and tax rates and budget cuts, but the overall story is that FL had a slightly higher death rate than CA in exchange for an overall economy that isn't doing so well. Some of this is due to the fact that FL's economy is tourism-driven and my personal response to that is: as a tourist I was very tempted to (safely) visit FL this winter, but the whole "our state doesn't believe in basic COVID restrictions" thing made that much too scary. [0] https://www.wftv.com/news/local/facing-3-billion-shortfall-l... [1] https://apnews.com/article/gavin-newsom-california-coronavir... |
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