Corporate Income Tax Issues for the 2022 Legislature Read more

Corporate Income Tax Issues for the 2022 Legislature

Federal corporate income tax reform, which had the general aim of broadening the base and lowering the rate, has reduced the federal tax burden on many corporations. However, since Florida adopted most of the base expansion measures without a concurrent rate reduction, federal tax reform has resulted in increased taxes at the state level, even after subsequent state refunds and rate cuts.

A Rising Tide Sinks All Homes - The Effects of Climate Change on Florida's Economy Read more

A Rising Tide Sinks All Homes - The Effects of Climate Change on Florida's Economy

With more than 8,400 miles of coastline and a flat, low-lying coastal topography, Florida is especially vulnerable to the effects of sea level rise. Tens of thousands of Florida homes and businesses are at increased risk from sea level rise. Much of Florida’s critical infrastructure is at low elevations, designed and built with little consideration of future sea level rise. The physical effect of changing climate translates into real economic impacts.

Beyond the Pandemic: Long-Term Changes and Challenges for Housing in Florida Read more

Beyond the Pandemic: Long-Term Changes and Challenges for Housing in Florida

As unexpected and unpredictable as COVID-19 has been, few could have predicted the housing boom that the pandemic ignited across the nation. The U.S. housing market—notoriously known for its role in the 2007-2009 Great Recession—defied expectations and experienced record price growth over the past year as demographic trends, government policies, and basic supply and demand all coalesced. In the short term, soaring home prices have been well-documented both analytically and anecdotally.

Florida TaxWatch Releases Economic Commentary on Long-Term Changes and Challenges for Housing in Florida

The analysis is the sixth installment in the taxpayer research institute’s COVID-19 Legacy Series

/ Categories: Releases

TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Beyond the Pandemic: Long-Term Changes and Challenges for Housing in Floridathe sixth installment in the taxpayer research institute’s COVID-19 Legacy Series. The report explains the record price growth the housing market experienced in the past year and presents considerations for the long-term impact in Florida.