Corporate Welfare in Overalls: The Rural Shell Game of Florida Amendment 2
The television commercials for Florida Amendment 2 are almost entirely self-written. All you have to do is play the acoustic guitar, show the video of a dusty tractor, and then tell the heartwarming tale of a fourth-generation family farmer who is struggling. Although the story is touching, the sentimental presentation covers up a costly performance by the corporation.
Florida businesses currently have a standard exemption of $25,000 for tangible personal property, which covers a significant portion of the equipment needed by genuine small-scale growers. The main benefit of Amendment 2, however, goes to industrial agribusiness syndicates, huge commercial packing houses, and luxury agritourism event venues that operate fleets of machinery costing six figures.
When Tallahassee eliminates equipment taxes on commercial agricultural land, those multi-ton transport trucks do not stop chewing up county roads. The bill simply shifts. County commissions are left to either gut local services or force residential homeowners to make up the difference. Read the full breakdown of how Amendment 2 puts corporate welfare in overalls and leaves local taxpayers holding the tab.
Read more


