I posted earlier at Not One Red Cent that Florida Governor Charlie Crist has been named a finalist in The Club for Growth “Comrade of the Month” contest for May. No small feat when you consider the stiff competition at all levels in the current administration. In bestowing this ‘honor’ on Crist the Club sited:
Crist signed a no-tax pledge when he was running for governor of Florida a few years ago. Now, as the state's top elected official, he has proceeded to break that very pledge by signing a tax hike into law last week as part of the state budget. But Crist didn't stop there. Earlier this week, he signed another tax hike...this time a 20% tax increase on businesses. Crist sure is some "Republican."
During a time of economic crisis Crist is increasing taxes in the state of Florida. Apparently my Governor is unaware that raising taxes is counter-productive to growth. In Taxes: Chasing Out The Rich, I sited a study by Arthur Laffer and Stephen Moore on the relationship between state income taxes and the effect those taxes have on states’ budget deficits. Laffer and Moore were able show conclusively that budget deficits increase when taxes increase.
The State of Florida needs to learn a lesson from Florida’s working families-don’t spend what you don’t have. Instead, Crist has tried to plug the budget gap by accepting stimulus money and increasing taxes on Florida families and Florida businesses. Granted, Florida has its share of ‘special interest’ groups crying poor mouth but that is no excuse for our state’s governor to act irresponsibly. Not only is he burdening the state’s citizens but by accepting stimulus money he has also placed a burden on the citizens of those states who have behaved in a fiscally responsible manner.
Being named a “comrade” by The Club for Growth should be an embarrassment to Gov. Crist. As a citizen of Florida, I certainly consider it shameful.