Recent TaxWatch Reports

/ Categories: Research, Local Government

Taxpayer Independence Day 2025

Florida Taxpayer Independence Day 2025 Report Cover

Florida TaxWatch’s Florida Taxpayer Independence Day 2025 report commemorates the symbolic April 21 date when the average Floridian has earned enough to satisfy all federal, state, and local tax obligations. In 2025, Floridians spend 110 days—until 11:24 a.m.—paying taxes each year before they begin earning for themselves.

The analysis breaks down total tax collections—federal (72 percent), state (15 percent), and local (14 percent)—and examines recent growth trends. It shows unprecedented rebounds in state revenue post-pandemic, surging property collections at the local level, and volatile federal receipts, all of which shape this year’s tax burden and after-tax buying power.

Looking ahead, the report projects continued revenue growth—especially locally—and highlights major tax relief proposals before the 2025 Legislature, including sales tax exemptions and property tax reforms that could shift future Taxpayer Independence Days.

Meet the Author:

Kurt Wenner
Kurt Wenner
Senior Vice President of Research
LinkedIn

Documents to download

Previous Article Extending the Local Communication Services Tax Increase Moratorium and a Sales Tax Exemption for Broadband Equipment Should be Part of Any Tax Relief Package this Session
Print
164
0Upvote 0Downvote

Quick Links