Dear Fellow Floridians:
April 20th marked Florida's Taxpayer Independence Day. This is the day in the year when Floridians have
enough money to pay their federal, state, and local tax bill
for the year. Due to a lower-than-average tax structure, Florida’s Taxpayer
Independence Day falls four days earlier than the National Taxpayer Independence
Day, which is Friday, April 24th. For a family with a household income of
$50,000, this represents an additional savings of $548 annually. Whether you
choose to save, invest, budget,
or spend it, there are a lot of things you could do with
extra money in your pocket.
It should come as no surprise that residents are moving away from states with
high tax burdens and coming to Florida. This
video shows how much longer you would have to work in
order to realize taxpayer independence in peer states like New York, California and
While Florida is doing our part, according to Florida TaxWatch, federal taxes
comprise almost 70 percent of Floridians’ tax burden. Not counted in Taxpayer
Independence Day is our nation’s largest financial drain: our national debt.
Shockingly, every household in America would have to forfeit 14 months of income just to pay off the current gross federal debt of over $18 trillion.
While we are doing our part in Florida to keep taxes low, I believe the key
to responsible government spending starts with accountability to the taxpayer, which is why I created
Transparency Florida. This website allows Floridians to scrutinize
state budgets, payments and contracts and hold their government accountable for
how every dollar is spent. Transparency ensures accountability, and Floridians
have a right to see how their government spends their money. I’m proud
to call Florida home and will continue to fight to keep your tax burden low so Florida can operate in an efficient and transparent way.
Chief Financial Officer
State of Florida