Florida’s public pensions carry trillions of dollars in unfunded liabilities. The state-run Florida Retirement System alone, has at least $24 billion in unfunded liabilities. But the way the system is currently set-up the liabilities just keep growing. In fact, last year, despite strong returns on their investments, the unfunded liabilities grew by three billion dollars! […]
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Via William Patrick, FloridaWatchdog.org TALLAHASSEE, Fla. — Tuesday, April 15, isn’t just the deadline to file income taxes with the Internal Revenue Service. For Floridians, it’s Tax Freedom Day. It takes 4 1/2 months for Floridians to earn enough money, on average, to pay off their total federal, state and local tax bill, according to […]
Super Bowl weekend Patrick Hruby had an article in Politico calling the NFL out for being the National Freeloader League. Hruby’s piece highlighted the special favors the NFL is granted by Congress — mainly tax free, non-profit status and piles of taxpayer-funded handouts. Hruby lays out some numbers that paint a clear picture of just […]