A government watchdog group and Americans for Prosperity blasted Florida’s government for the hundreds of millions of dollars it gives to corporations, stating the state’s jobs agency is engaged in “pay-to-play” and “corporate welfare.”
A new report by Integrity Florida and Koch-brother funded Americans for Prosperity highlights several problems with the state’s economic incentives program, which uses tax deals to bring companies to Florida.
“We’re concerned about the appearance of pay-to-play ,” said Dan Krassner, director of Integrity Florida.
Among the report’s findings:
- Enterprise Florida has failed to meet its job creation objectives, with companies creating only 103,544 jobs after receiving tax breaks, less than the 200,000 envisioned by the Legislature in 1992 when EFI was created.
- Enterprise Florida has failed to get 50 percent funding from the private sector, instead relying on 85-percent taxpayer funding to support the public-private partnership
- Enterprise Florida has “the appearance of pay-to-play,” since it receives an average of $50,000 from some of its corporate board members. Those board members also get private contracts to do work on EFI’s behalf as well as tax break deals processed by EFI.