Federal Dollars Resurrect Florida’s Low Income Pool
BlogYesterday the governor announced that the Trump Administration had committed to $1.5 billion in LIP funding, solving a huge budget gap for Florida.
Yesterday the governor announced that the Trump Administration had committed to $1.5 billion in LIP funding, solving a huge budget gap for Florida.
Florida TaxWatch’s continued call for a cut to the business rent tax (BRT) is echoed again in its latest report. The BRT, the only statewide tax of its kind in the country, requires all Florida businesses to pay the state a six percent tax on commercial leases, with a local option up to an additional two percent. This places a significant and costly burden upon Florida businesses, especially start-ups and smaller companies.
The General Revenue (GR) Estimating Conference met recently to determine how much money will be available to the 2017 Legislature for the new state budget.
After hosting the Pro Bowl, and with March Madness on the horizon, Orlando is poised to score big.
If you own non-homestead property, there is a chance you will be seeing a significant tax increase on that property in 2019.
The Legislature did not ratify a new Seminole Gaming Compact last session and as a result, the state has already lost nearly $250 million and could lose out on another $2 billion over the next seven years.
With the 2017 Legislative Session drawing closer, it is important to identify topics and bills and that have gained significant traction in recent years but haven’t come to fruition.
TALLAHASSEE, Fla. – The latest General Revenue forecast paints a slightly less gloomy picture than previous projections, as highlighted by the December edition of the
Like beauty, the attractiveness of a state’s business climate is in the eye of the beholder. There are many measures of states’ tax and business climates.
The debate over the “tampon tax” has sparked a healthy discussion about our state’s tax system. We hope lawmakers take advantage of the public attention on this issue to review all of the quirks and loopholes in taxation.
