Four Florida outrages: the wealthy flourish, the poor die | Editorial - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 22, 2019 Newswires
Share
Share
Post
Email

Four Florida outrages: the wealthy flourish, the poor die | Editorial

South Florida Sun Sentinel (FL)

With President Trump’s impeachment hearing dominating the news, four other developments deserve attention -- and outrage -- from the people of Florida.

First, nearly 3,000 of our neighbors have died because former Gov. Rick Scott and the Florida Legislature refused to expand Medicaid under the Affordable Care Act.

The estimate, based on several solid data sets, comes from the Center on Budget and Policy Priorities, a progressive voice in Washington. In the 14 holdout states, it puts the death toll at 19,200 between 2013 and 2017.

Florida’s 2,776 victims were second only to Texas. The numbers are so high because so many people here -- some 850,000 -- earn too much to qualify for Medicaid, but too little to receive insurance subsidies under Obamacare.

Florida stands in contrast to 11 other states that expanded Medicaid under the control of Republican legislatures. Louisiana is one of them. There, Democratic Gov. John Bell Williams’ pledge to protect the program helped him win re-election last Saturday despite Trump’s vocal campaign for his Republican opponent.

Josef Stalin reportedly said that “one death is a tragedy, but a million is a statistic.”

What might it take for Gov. Ron DeSantis and legislative leaders to see the individual men and women in Florida’s ghastly statistic? Must someone die of cancer or pneumonia in the Capitol rotunda?

It’s not that they’re unaware of the issue. House and Senate leadership have applied to the Florida Supreme Court to be heard on whether a voter initiative to expand Medicaid belongs on the 2022 ballot.

They’re opposed. So is Americans for Prosperity, the political lobby started by David and Charles Koch, who were tied as the world’s 11th-richest people before the former died this year.

Second, speaking of the Florida Supreme Court …

When DeSantis was appointing new justices, most of his nominees and all three of his picks had ties to the Federalist Society, an arch-conservative lobby that effectively controls appointments to the federal bench, and now to Florida courts, as well.

At the society’s annual convention in Washington this month, DeSantis proudly declared that the society’s co-chairman, Leonard Leo, influenced his choices.

“I had a group of people that I trusted. Leonard was one of them,” the governor said.

Staunchly opposed to government regulations and anything liberal, the society is the legal arm of today’s uber-rich, who use their money to manipulate political power as they amass extraordinary wealth.

Such external influence on the courts was one of the evils Gov. Reubin Askew (1971-79) meant to avoid when he established Florida’s judicial nominating commissions. He wanted to keep the bench as free of politics as possible. When someone pointed out that one of his justices had turned out to be very conservative, Askew replied, “I didn’t appoint him for his politics. I appointed him for his integrity.”

Third, speaking of the rule of the wealthy few …

An estimated 99 percent of corporations in Florida manage to pay little or none of what they should owe under the state’s 5.5 percent corporate income tax, another Askew achievement that has since been sabotaged. They can thank the Legislature for allowing the schemes to continue. And indeed, they do give thanks -- by the millions. Corporate money rules the state.

Heroic research by our Orlando Sentinel colleague Jason Garcia, whose articles appeared in the Sun Sentinel this week, has revealed for the first time the gross dimensions of this tax scandal.

With $34 million of profit in Florida in 2014, E-Bay should have paid more than $1.8 million, not $18,810. Pasteur Inc., a major vaccine manufacturer, paid nothing on $55 million in Florida profits. Mastercard saved $20 million by pretending none of its sales happened here. Verizon Wireless saved $23 million. HCA Healthcare Inc. avoided more than $28 million by parceling money through subsidiaries. Why isn’t that called money laundering?

Then there are at least 100 companies like Circle K, which paid itself royalties through a holding company for Florida stores that use its own trademarks. The Department of Revenue considers the trademark tactic illegal. But the department lost a lawsuit to Circle K, which then reached some sort of confidential settlement with the state.

By one estimate, the legislature could raise more than $1 billion a year by closing the loopholes -- more than enough to pay the state’s share of expanding Medicaid with plenty left over.

The full impact is unknown because corporate tax returns are kept secret even from the Legislature. It’s time to end that, too.

And fourth, speaking of bending the rules to benefit the wealthy …

Under a federal law intended to prompt new investment to help the poor, former Gov. Scott gave an immense set of “opportunity zone” tax breaks to four wealthy investors, including Wayne Huizenga Jr., for a superyacht marina on the West Palm Beach waterfront. Huizenga also plans to build luxury apartments on the site. In favoring the Rybovich marina area, Scott rejected some poorer tracts requested by West Palm Beach.

Research by ProPublica uncovered a lobbying letter from Huizenga to Scott. He and two others and their families have given at least $1 million to Scott and the Florida Republican Party, ProPublica said. Scott announced his opportunity zone picks barely a week after receiving the letter.

Scott, now a U.S. senator, said it was all for “low income job creation in low income areas in the state…”

That’s questionable. Most certainly, though, the beneficiaries will include Huizenga, his partners and the owners of those superyachts.

You don’t find such watercraft in low-income areas. The two that burned at the Fort Lauderdale Marina last weekend had a combined value of $24 million, according to the fire department.

Opportunity zones, indeed. But for whom?

Editorials are the opinion of the Sun Sentinel Editorial Board and written by one of its members or a designee. The Editorial Board consists of Editorial Page Editor Rosemary O’Hara, Sergio Bustos, Steve Bousquet and Editor-in-Chief Julie Anderson.

___

(c)2019 the Sun Sentinel (Fort Lauderdale, Fla.)

Visit the Sun Sentinel (Fort Lauderdale, Fla.) at www.sun-sentinel.com

Distributed by Tribune Content Agency, LLC.

Older

Bipartisan Legislation Increasing Research Funding to Improve Diagnosis Introduced in U.S. House Following SIDM Research Release

Newer

AssuredPartners Acquires Mack, Mack & Waltz Insurance Group, Inc.

Advisor News

  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
  • Three estate planning ideas to protect your clients and their wealth
  • What advisors must know about accessible client documents
More Advisor News

Annuity News

  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity News

Health/Employee Benefits News

  • ATTORNEY GENERAL TONG JOINS COALITION CHALLENGING TRUMP ADMINISTRATION'S LATEST ATTACK ON HEALTHCARE FOR TRANSGENDER YOUTH
  • ATTORNEY GENERAL TONG JOINS LAWSUIT CHALLENGING EFFORT TO EXPAND CATASTROPHIC HEALTH INSURANCE PLANS AND AGAIN UNDERMINE ACA PROTECTIONS
  • ATTORNEY GENERAL TONG URGES CONNECTICUT INSURANCE DEPARTMENT TO REJECT DOUBLE-DIGIT HEALTH INSURANCE RATE HIKE REQUESTS
  • Some WNY health insurance rates will stay flat. Others will rise 13.5%
  • Could health care plans with fewer mandates help more Texans get insurance? Marshall lawmaker believes so
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • TDCI reminds consumers to focus on the future during Life Insurance Awareness Month
  • AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment
  • Understanding Nonequity Split-Dollar
  • Life insurance loans: what to do when a client shows interest in one
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.