🧵Buenas noticias para los Floricuas: The Working Floridians Tax Rebate (WFTR) would increase economic stability and opportunity, boost local economic activity, and improve child and community well-being, a new report claims. (1/4)
@floridawatch
@floridawatch
A state tax rebate of this size would have an estimated average rebate of nearly $500. It would also offer a multigenerational investment, increasing family income, reducing child poverty, and improving health, education, and career outcomes. (2/4)
@ForOurFutureFL
@ForOurFutureFL
By injecting $862 million into the state economy each year, an estimated 2.1 million working Floridians would see a rebate under the WFTR, a state-level version of the #EarnedIncomeTaxCredit (EITC), a tax break that helps people with low-to-moderate income make ends meet. (3/4)
If the bill proposed by Sen. @ShevrinJones (D) were to pass, it would benefit families and local economies.
“It’s long past time for Florida to implement a state-based version [of the WFTR] and provide a much-needed boost for our most vulnerable Floridians,” said Jones. (4/4)
“It’s long past time for Florida to implement a state-based version [of the WFTR] and provide a much-needed boost for our most vulnerable Floridians,” said Jones. (4/4)
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