Category: Economy
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Economy

Lip service isn’t getting affordable housing built

Editors note:  Our local paper, The Daily Sun, regularly writes opinions on  local topics of interest. This past week, they twice addressed affordable housing.  Thanks for educating us all on this issue.  Please support our local newspaper by subscribing! The Daily Sun, Editorial Board, October 9, 2021. OUR POSITION: Housing continues to be a troubling

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Economy

DeSantis is ignoring workers’ needs

Editor’s note: This was published as a Letter to the Editor in The Daily Sun on Sept 5, 2021. Members of the Charlotte County Democratic Party have been collecting and donating food to food banks for almost a year. And the need not only continues but increases. There are a lot of people in this

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Analysis

Not rich? Good news: You’re probably getting a tax cut.

President Joe Biden is preparing to unveil another tranche of tax increase proposals, including hiking the top marginal income tax rate and upping levies on capital gains. By BRIAN FALER, Politico,  April 25, 2021 Everyone knows that Democrats want to raise taxes on the rich, but what hasn’t gotten nearly as much notice is how much

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Coronavirus

The American Rescue Plan includes aid for pension plans

Editor’s comment: The pension this bill saves may be your own! By Hazel Bradford, Pension & Investments, March 10, 2021 President Joe Biden is expected to quickly sign the $1.9 trillion COVID-19 relief measure. Final passage of a massive COVID-19 relief bill came Wednesday with House approval, along a 220-211 mostly party-line vote. The $1.9

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Biden's Vision

The American Rescue Plan to the rescue!

By Fran Dance, Charlotte Dems contributing writer On March 11th, President Biden signed The American Rescue Plan Act of 2021 into law. This comprehensive COVID-19 relief bill strategically allocates funding, geared toward low-income and middle-class Americans, to encourage a robust economic recovery while creating a coordinated, national vaccination program to ensure we defeat this virus.

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Economy

Charlotte leaders at odds over impact fees

By Betsy Calvert, Charlotte Sun staff writer, published Nov 22, 2020 Charlotte County commissioners may agree that impact fees on new construction should go up, but they disagree on how much. Commissioners may consider raising assessments next year County staff told the board at a workshop Tuesday that they could have something for the board to

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Tax Rates Since 1950

The combined tax rates 0ver the past 68 years. Interesting to note that: 1- The tax rate at the 99 percentile and lower remains mostly flat with only marginal fluctuation. 2- When the tax rate on the wealthy were highest the economy was humming and really working for everyone and the rich people were still

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Democratic Club member, John Washburn, shares a Labor Day Story

Editor’s note: John Washburn is a Charlotte County Democratic Club member. He also has served as State Committee Man. Washburn started his 30-year career in 1969 as a Teamster Union member, driving a delivery truck in Detroit for Continental Bakery. His job was delivering Wonder Bread and other baked goods to grocery stores. This was

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U.S. ‘sugar cartel’ has secured an even sweeter deal

U.S. sugar producers received the third highest share of “trade-distorting” government aid in the world between 2015 and 2017, behind only Vietnam and the Philippines, according to data compiled by Jared Greenville, senior agricultural policy analyst at the Organisation for Economic Co-operation and Development. In absolute terms, only China provided more aid to its sugar

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Charlotte County left behind in Rick Scott’s economy

Nearly half of Florida’s 67 counties had fewer jobs than a decade ago, according to a 2017 report by the Florida Chamber of Commerce Foundation. Most are smaller rural communities in North and  Central Florida and around Lake Okeechobee. Other counties include Alachua, Baker, Charlotte, Citrus, Columbia, DeSoto, Gadsden, Glades, Hardee, Hendry, Highlands, Holmes, Levy, and Okaloosa.

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