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2020 How Florida Compares: Taxes

Research, Taxes, Taxpayer Guide

This report is part of our larger How Florida Compares series, which is intended to help Floridians better understand their state through data.  This report, like each report in this series, provides neutral, nonpartisan information on where Florida ranks compared to our 49 sister states and the national average.  

Florida TaxWatch Joins Taxpayers in Celebrating Taxpayer Independence Day Sunday, April 14

Press Releases

TALLAHASSEE, Fla. – On Sunday, April 14, Floridians will celebrate the first day of the year where taxpayers are finally earning money for themselves and not for the tax collector. Taxpayer Independence Day, calculated by Florida TaxWatch, accepts that every dollar earned since January 1 goes to pay federal, state, and local obligations. This year, it will take the average Florida family 103 out of 365 days – or almost three and a half months – to satisfy its tax obligations. Looking at it another way, it takes two hours and 15 minutes of every eight-hour workday to earn enough to pay your taxes.

Budget Watch – Actual GR Collections in 2017-18 Exceed Estimates

Budget & Appropriations, Research

Actual net GR collections for the fiscal year that that just ended exceeded the last estimate (February 2018, adjusted for legislative changes) by $205.2 million (0.66 percent). This will be added to the unobligated FY2018-19 GR (cash reserve) balance of $1.026 billion to be carried forward to the next budget year (FY2019-20). These numbers, along with the current cycle of the state’s Estimating Conferences, can begin to define the fiscal outlook for the next state budget that will be developed by the 2019 Legislature.

Comparing the 2018 House and Senate Tax Packages

Budget & Appropriations, Research, Taxes, Taxpayer Guide

The House unveiled its 2018 tax cut package (HB 7087) almost a month ago, while the Senate’s did not appear until week 8 of the session when it was amended onto SB 620 in the Appropriations Committee. The bills have a lot of similarities, but there are big differences that will have to be negotiated before a final tax cut package is approved.

2017 Recognitions & Awards

In the News

Here is a list of the specific Zak's products that received these recognitions in 2017: Good Food Awards: Cacao Nib Caramel International Chocolate Awards Silver:

2017 Budget Turkey Watch Report

Budget Turkeys, Research

The $82.4 billion budget passed by the Florida House and Senate for FY2017-18 contains 111 appropriations items qualifying as Budget Turkeys worth $177.8 million. Most of these (79 projects worth $139.4 million) are transportation projects that are not in the Department of Transportation Work Program.

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