How Attractive is Florida’s Business Tax Climate?
BlogLike 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.
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.
On April 20th, Floridians will celebrate Taxpayer Independence Day 2016, the first day of the year where taxpayers are no longer working to pay off their tax bill but are working for themselves. This symbolic date, calculated by Florida TaxWatch, assumes that every dollar earned from the start of 2016 went to pay taxes at all levels of government.
Floridians’ tax burden remains lower than most states, despite local government taxes that are higher than average, according to the 2016 edition of Florida TaxWatch’s How Florida Compares: Taxes . The report helps Floridians understand how state revenues stack up against the rest of the nation.
