With most students expected to be in classrooms next month, after many learned online for at least part of the 2020-2021 school year, retailers anticipate a surge in shopping during Florida’s upcoming back-to-school sales tax “holiday.”
The Palm Coast City Council was required today merely to set a tentative tax rate for next year, a routine step. It could lower the rate at will over the next few weeks. An ideological brawl prevented a vote, deferring the decision to August and effectively preventing the administration from refining the budget until then.
It appears that the pandemic-related economic downturn in states was quite muted, confounding everyone’s expectation. For example, sales tax revenues actually grew by 0.5% in fiscal year 2020 and are on track to increase 2% in fiscal year 2021.
The Flagler County Commission’s attempt unilaterally to impose an increase in the sales tax is the latest example of a lazy, bumbling commission addicted to spending, deceptive in its methods and indifferent to the long-term public interest.
The Palm Coast City Council today rejected a request by county government to support raising the local sales tax from 7 to 7.5 percent. The rejection deals a blow to county government, which is looking to increase the tax to pay for law enforcement and fire operations, but it also replays tensions from 10 years ago when the county’s approach on the sales tax was equally clumsy and unilateral.
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.
The disaster-preparedness tax holiday will run from May 28 through June 6, the recreation-tax holiday runs for a week starting July 1, and the back-to-school holiday runs for 10 days in August.
The Florida House on Wednesday passed a bill that would allow counties to spend so-called “bed” tax money on efforts to combat flooding, despite concerns from the tourism industry that the change would reduce marketing dollars.
The money would initially be used to replenish the state’s Unemployment Compensation Trust Fund, which became depleted during the Covid pandemic. After the fund is replenished, the revenue would be used to make a major cut in a tax on commercial rent.
This victory is only one step in efforts to expand health care access. The next step is to make them permanent — or, better yet, move toward a public option or universal, Medicare for All system that doesn’t tie health care access to employment or income at all, argues Olivia Alperstein.