A Non-Partisan Policy Comparison of Andrew Gillum and Ron DeSantis
Nationally recognized economists, Tony Villamil of Washington Economics Group and Donna Arduin of Arduin, Laffer, Moore Econometrics, gave an overview of a new James Madison Institute study analyzing the various policies of the two leading gubernatorial candidates. For a snapshot of the comparison, click here.
While Ron DeSantis’ policies would largely continue the success of Governor Rick Scott, growing Florida’s economy by creating 2.1 million jobs over 10 years and resulting in $26.6 billion of economic gains annually, Andrew Gillum’s policies would halt Florida’s economic momentum. In order for Gillum’s policies to be paid for, such as government-mandated healthcare, he would have to:
- Increase taxes on small and local businesses by 40 percent ($1 billion annually), or
- Increase the state sales tax from 6 percent to 39 percent, or
- Institute a new 37 percent personal state income tax.
Gillum also proposes a government mandated wage increase on small and local businesses, raising costs for job creators and prices for Florida families. DeSantis on the other hand wants competitive, market driven wages set by small and local businesses that grow Florida’s economy. As economist Dr. Tony Villamil said “the choice is binary.”
For the full James Madison Institute economic comparison, click here.