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Reply to "FEMA shifted to states?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Guess people should get ready for their state and local taxes to raise. Further, infrastructure investment is something Democrats have been calling for which is why they created whole funding and programs for it last administration. Becuase you know helping states and the country make sustainable infrastructure investments is good for everyone. Not sure why we need another review though when ACoR, FEMA, DOT and state agencies can already answer most questions.[/quote] States like Florida should not have no income tax and then rely on the Feds to bail them out each and every year for hurricanes. Raise their taxes. [/quote] California too. [/quote] If you cut off Florida and say they’re not part of the country and can’t receive federal funding for natural disasters then they will just recoup that cost by charging tolls/taxes when anyone from the north drives or flies into the state for vacation.[/quote] They already collect taxes from vacationers. They need to collect income tax from the people that live there. [/quote] Why would they do that when they can get tourists to pay for it?[/quote] Because their economy is heavily dependent on tourism. And you are assuming that if x number of tourists visit at the current tax rate, the same number will visit and spend the same amount of tourist dollars at 150% or 200% of the current tax rate. Adam Smith says you are wrong. As FL adds taxes to tourists, fewer tourists can afford to visit— or will want to spend the extra money to visit. There is a tipping point where revenue actually goes down because so many fewer tourists come Or when they come, they don’t stay as long or find ways to spend less and stay in budget. And once a happens, many Fl businesses dependent on tourist dollars will lose business. The whole world is t UMC DCUM. If you save all year for your FL vacation and have a $2500 budget, that doesn’t magically become $3000 because FL raises taxes on tourists. Either the tourists go somewhere else they can afford. Or they spend $500 less at businesses in FL. Which is recessionary. FL had economists. I have to think they have already run the numbers and the current tax rate probably comes close to maxing out. There are other states to visit with sunshine at half the cost. And no one will want to visit if the infrastructure is a mess because FL cheaps out on cleaning up and rebuilding after hurricanes. [/quote] Florida wouldn't need to increase sales/tourist taxes so dramatically. After the TrumpCession is over, Florida should be able to stash away $1-2 billion per year into a hurricane fund without even raising any taxes. The challenge will be saving up an initial $10-20 billion before another major hurricane hits a heavily-populated part of the state. [/quote]
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