"Up" is "down", "In" is "out"

This is insane, "Florida began this year with a budget of $66.5''billion, but general revenue was only about 35 percent of the total". [emphasis mine] Economix has a map showing that Florida budget deficit declines in the last quarter of 2008 (vs. that of 2007).

Supply-side economists tells us that if we lower taxes, we get more revenues. In Florida, one primary revenue generator is the sales tax. Our sales tax has many, many exemptions (adult entertainment being one of them). I guess this means we need to raise more revenue by exempting more.

Meanwhile, Florida is one of only seven states in which taxing the Madoffs income is illegal.