No Bull, No Fluff, No Smudges
Your news source for
Flagler, Florida and Beyond

Taxes
Category archives for: Taxes

Colossal Waste: U.S. Aid to Afghanistan Now Exceeds Marshall Plan, With Little Return

| October 3, 2014

Adjusted for inflation, U.S. appropriations for the reconstruction of Afghanistan exceed the funds committed to the Marshall Plan, the U.S. aid program that delivered billions of dollars between 1948 and 1952 to help 16 European countries recover in the aftermath of World War II.

Lockheed’s F-35 Stealth Fighter: A $1.5 Trillion Waste of Tax Dollars

| October 1, 2014

With a projected eye-popping price tag of up to $344.8 million each, the F-35 is almost 8 years behind schedule, billions over budget and not yet combat-ready. And it’s bleeding the Treasury.

Tag Fees Drop Monday and Gov. Scott
Pledges More Tax Cuts on Campaign Trail

| August 30, 2014

Over the next two weeks Gov. Rick Scott will campaign across the state on a pledge to cut $1 billion in taxes over the next two years.

Florida Draws 50 Million Visitors in First 6 Months of the Year, Boosting Tax Revenue

| August 19, 2014

Visitors spent $35.7 billion from January to May this year, up 7.4 percent from the same period in 2013, according to Visit Florida. That translates into increased sales-tax revenue for the state.

Florida’s Back-To-School Sales Tax Holiday Is This Weekend: Here’s A Guide

| July 29, 2014

Florida’s 2014 sales tax holiday on school supplies, clothing, shoes and personal computers and other select accessories is this weekend–starting at a minute after midnight Friday, Aug. 1, through midnight Sunday, Aug. 3.

Court Authorizes Higher Ambulance Fee For Out-of-State Visitors, Opening Revenue Door

| July 23, 2014

Rejecting arguments that the policy is unconstitutional, a state appeals court said Wednesday that the city of Miami can charge an extra $100 when its rescue crews transport non-residents to hospitals for emergency care.

Palm Coast, Flagler and School Tax Bills To Increase About 5% as County and District Set Tentative Rates

| July 22, 2014

For a $175,000 house with a homestead tax exemption of $50,000, the typical tax bill will be $2,574, a saving of $2 from the current rate, when Palm Coast, Flagler, School Board and water management district taxes are combined, before accounting for higher property values of about 5 percent. Totals will be higher in Flagler Beach and Bunnell.

How U.S. Taxpayers Are Subsidizing Defense of Alleged Revenge Killers of Palestinian Teen

| July 12, 2014

The tax-exempt donations do not appear to run afoul of U.S. law. But they do put U.S. taxpayers in the position of subsidizing aid to Israelis convicted of politically motivated violence.

Palm Coast Taxes Will Remain Flat This Year As City Projects “Stale and Boring” Budget

| July 10, 2014

The typical Palm Coast property owner will pay roughly $534 for the year, about the same as this year and possibly a few dollars less, as the Palm Coast City Council prepares to adopt a caretaker budget.

Florida Lottery Spikes to Record $5.3 Billion in Sales; Only $1.4 Billion to Education

| July 8, 2014

The Florida Lottery’s increased revenues stems largely from continued growth in scratch-off ticket sales, which range in price from $1 to $25 and are now available at more than 13,000 locations throughout the state.

That 1.3% Hurricane Charge on Your Property and Auto Insurance Is Ending 18 Months Early

| June 18, 2014

Collected to help pay claims from the 2004 and 2005 hurricane seasons, an extra charge on homeowners- and auto-insurance policies will be removed 18 months earlier than previously expected.

Don’t Mind a Gap This Year: Flagler County’s Budget Prospects Brighten With Talk of Tax Cut

| May 28, 2014

Countywide property values are expected to rise 5 percent this year and bring in an additional $2.3 million at today’s tax rates, reducing pressures on the budget and allowing the county commission to consider tax cuts and the expansion of services, including the addition of three firefighters.

From a New Branch Library to a West Side Fire Station, Flagler Commissioners Weigh Sales Tax-Funded Projects

| May 22, 2014

Most of the $2-million-a-year sales tax revenue the county commission voted in almost two years ago is spoken for–a new jail, a new sheriff’s HQ–but a few million dollars remain spendable. The administration is proposing a long wish list that commissioners will now rank.

Scott Signs Tax Cut Package Rolling Back Car Registration Fees and Offering 2 Tax Holidays

| May 12, 2014

The hurricane sales-tax holiday runs from May 31 through June 8, the back-to-school holiday will run from Aug. 1 through Aug. 3, and vehicle registration fees have been scaled back to pre-2009 levels, among other measures Gov. Rick Scott signed into law.

Your Amazon Holiday Is Over: Giant Starts Collecting Sales Tax in Florida in 2 Weeks

| April 17, 2014

For Floridians who are supposed to pay the taxes but haven’t, the announcement of Amazon’s entry into the state’s brick-and-mortar retail landscape could mean about $80 million a year in sales taxes, according to one business lobbying group.

More Parents Are Defaulting on College Loans For Their Children, Costing Taxpayers

| April 6, 2014

The Parent Plus program allows parents to take out essentially uncapped amounts to cover college costs, regardless of the borrower’s income or ability to repay the loan. But default rates, while still modest, have nearly tripled over the last four years.

Red-Light Cameras Won’t Be Repealed This Year, But Restrictions on Profits May Yet Pass

| March 27, 2014

Red-light cameras’ powerful lobby defeated Senate Transportation Chairman Jeff Brandes’s attempt to end the use of the devices, but several proposed restrictions are still moving through the Legislature, such as limiting profits to safety uses and requiring safety studies before cameras can be installed.

As March 31 Deadline Nears: Going Without Health Insurance Will Likely Cost You At Tax Time

| March 26, 2014

If you thought you could get health coverage later this year, you may not get that chance until November, which means that you’ll most likely have to pay a penalty of 1 percent of your income at tax time, even if only a single member of your family is not insured. Penalties rise in subsequent years.

Palm Coast’s Red-Light Cameras: How the City Council Locked In a Fraud on Taxpayers Through 2019

| March 7, 2014

Palm Coast’s red-light cameras siphon off more than $2.5 million out of the local economy every year, in the share that goes to the state and to ATS, the company that runs the scheme, yet the city council quietly approved the deal through 2019, long past the terms of every one of the council members and some of their successors.

Florida Lawmakers Reeling Up Billion-Dollar Tax Breaks For Film and TV Industries

| February 25, 2014

Less than a week after a measure was introduced in the House to provide $1 billion in tax credit to film and television production efforts in Florida, the Senate Commerce and Tourism Committee released a proposal that offers $300 million in tax credits.

Another Tax Cut for Business: Putnam Proposes Reducing Electricity Sales Levy By Half

| February 13, 2014

By phasing in the reduction from 7 percent to 3.5 percent, the impact to state revenue should be a reduction of about $85 million the first year, and an additional $70 million in each of the two following years. Residential customers would see no tax cut.

In Latest Re-Election Ploy, Scott Proposes 10-Day Sales Tax Holiday, Triple the Usual Length

| January 18, 2014

Scott announced Friday he wants lawmakers to approve a 10-day sales tax holiday in August. The extended tax-free period is the latest of the budget proposals Scott has rolled out in advance of the 2014 legislative session.

Solar Panel Users as Freeloaders: ALEC Network’s State Lobbyists Attack Homeowner and Business Subsidies

| December 28, 2013

According to the American Legislative Exchange Council, a conservative network better known as ALEC, our solar panels make us “free riders.” What? Yes, according to ALEC, an organization that specializes in getting the right-wing agenda written into state laws, people like me who invest in energy-efficiency and shrinking our carbon footprints ought to be penalized, writes Isaiah J. Poole.

Extra State Revenue Could Top $1 Billion As Legislature Approaches Spring Session

| December 8, 2013

State economic forecasters added $324.3 million to expected tax revenues during the current budget year, which ends June 30, and the fiscal year that begins the next day. Because lawmakers have already passed a budget covering this year, all of the new money should be available for the spending plan that starts in July.

Another Obamacare Surprise: Married Couples Not Eligible For Subsidies Given Single Filers

| December 5, 2013

For middle class married couples who don’t have children, the subsidy cutoff is $62,000. If one spouse makes $30,000 and the other $40,000, they are ineligible for a subsidy when combined. But if they were just living together, each would be eligible for a subsidy.

FPL Customers Will See Power Bills Increase 5% Starting in January, Adding to Other Local Utility Hikes

| December 4, 2013

For Palm Coast residents, the rate increase compounds steeper utility rate increases as the city raised its water and sewer rates 8 percent in April, another 4 percent in October, and will raise them again 4 percent next October. The typical combined annual price increase: $175.

Don’t Slash Government Spending. Increase It.

| December 1, 2013

One of the biggest common misunderstandings is that governments are like households, which need to tighten their spending when times are tough. Actually, governments and households work in opposite ways. Governments can and should spend more when times are tough.

Needed Or Not, Lawmakers Seek 2-Week Tax Holiday for “Hurricane Preparedness”

| November 21, 2013

A big factor in how much of the cuts or tax holidays make it into the next fiscal plan depends in part on the state’s economic outlook that the economists will update prior to the legislative session early next year.

Palm Coast Council Votes 5-0 For New City Hall in Town Center, With Move-In by End of 2015

| November 19, 2013

In the face of intense opposition, but also just as intense support, the Palm Coast City Council Tuesday said Yes to a new city hall. The 5-0 vote followed three hours of presentations, public comment and discussion before an overflow crowd at the Palm Coast Community Center, the largest crowd to turn up for any issue in recent memory.

Palm Coast Again Pitches New City Hall, No Referendum, as Chamber Orchestrates Support

| November 12, 2013

Palm Coast City Manager Jim Landon on Tuesday choreographed a presentation focused on a $9 million city hall in Town Center he said can be built mostly with existing dollars–and without a referendum–as the Flagler Chamber of Commerce and the Palm Coast Observer worked on a letter-writing campaign to sway council members, who may vote on the plan next week.

Loading

ADVERTISEMENTS

palm coast pet clinic veterinarians
palm coast pools repairs construction
suppert flaglerlive flagler live palm coast flagler county news pierre tristam florida
news service of florida
Advertisement

Editor’s Picks

Log in | FlaglerLive, P.O. Box 354263, Palm Coast, FL 32135-4263 | 386/586-0257