Florida

Maine governor Paul LePage has announced that he will move to Florida after his term expires in 2019. According to The Hill, taxes are driving the Governor away. He said: “I will pay no income tax and the house in Florida’s property taxes are $2,000 less than we were paying in Boothbay,” LePage said. “At my age, why wouldn’t you conserve your resources and spend it on family [rather] than spend it on taxes?”

New Internal Revenue Service migration data, compiled by the Tax Foundation, confirms that more people are again moving to Florida than are moving out. After a loss in the number of 30,000 domestic migrants ("exemptions") in 2008-9 as indicated on tax returns, Florida added 30,000 in 2009-10. This is still a far lower net migration than before the burst of the housing bubble, but is an indication that Florida has returned to growth.  read more »

For decades taxpayers have paid billions to finance major transportation project cost overruns far exceeding the routinely low-ball forecasts available at approval time.  read more »

Miami: The Miami metropolitan area grew 11 percent between 2000 and 2010 according to the recently released census count. The population growth was from 5,008,000 in 2000 to 5,575,000 in 2010. This growth, only modestly above the national average, caused Miami to slip behind Dallas-Fort Worth and Houston, to become the nation’s 7th largest metropolitan area. The Miami metropolitan area was expanded after the 2000 census to include not only the core county of Miami-Dade, but also Broward (Fort Lauderdale) and Palm Beach (West Palm Beach) counties.  read more »

The US Department of Transportation has announced a competitive grant program to reallocate funding that was refused by Florida for a proposed high speed rail line from Tampa to Orlando. The line was cancelled by Governor Rick Scott because of the prospect for billions of dollars of unplanned obligations that could have become the responsibility of the state's taxpayers.  read more »

No sooner had Florida Gov. Rick Scott rejected federal funding for the Tampa to Orlando high-speed rail line, than proponents both in Washington and Tallahassee set about to find ways to circumvent his decision. While an approach has not been finalized, a frequently suggested alternative is to grant the federal money to a local government, such as a city or county or even to a transit agency.  read more »

President Obama has announced a special program of assistance for home owners in the five states that have been hit hardest by the housing crisis. The proposed program is targeted at California, Florida, Arizona, Nevada and Michigan, where house price declines are more than 20% from the peak of the bubble.  read more »

This should be filed with other improbable stories under the subject “beach running out of sand.” The St. Petersburg Times reports that Florida has lost population for the first time since 1946. University of Florida demographers are due to release a report that the state lost 50,000 residents in the year ended April of 2009. This is in stark contrast with the state’s addition of more than 300,000 residents in every year of the decade through 2006  read more »

It's all gloom and doom in the Miami Herald today after recent job numbers indicate the state is last in the nation in job creation.

The top job-loss state in the nation. Shrinking wages. Collapsing population growth. Record home foreclosures.  read more »