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Florida Economic Forecast: Q1 2025

Economic Development, Economic Forecast, Research, Workforce Development

Florida’s economy has been growing to new heights these past years — reaching nearly $1.5 trillion. The Q1 2025 economic forecast by Florida TaxWatch examines key trends in population growth, employment, income, GDP, and tourism, offering valuable insights for policymakers, business leaders, and taxpayers.

Actions Florida Should Take to Help Taxpayers Impacted by Hurricanes Helene and Milton

Blog, Research

This blog post outlines the state’s response to Hurricanes Helene and Milton and offers tax relief suggestions to ease the economic burden on impacted residents. It emphasizes extending tax deadlines and delaying property tax payments to mitigate financial stress. The recommendations include expanding relief to all affected areas, halting audits, providing refunds for destroyed property, and encouraging local governments to reduce millage rates. Additionally, it advocates for new legislation to refund property taxes for uninhabitable commercial properties and urges Congress to pass a federal Disaster Tax Relief Act.

Florida TaxWatch Releases Independent Analysis of Potential Effects of Consumer Data Privacy Legislation in Florida

Releases

TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Who Knows What? An Independent Analysis of the Potential Effects of Consumer Data Privacy Legislation in Florida. Building on a previous FTW briefing, the report examines experience data from existing consumer data privacy laws across the country to generate an estimate of compliance and litigation costs businesses would face with the implementation of consumer data privacy legislation in Florida.

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