The House intends to offer a $1 billion tax-cut package that includes Gov. Rick Scott’s call to reduce a tax on commercial leases and holding a back-to-school sales tax “holiday.”
Taxes
Taxation’s Next Frontier: The Cloud
But as states look to tax cloud services, questions arise as to whether storage space in the cloud is a tangible “good,” subject to sales taxes, a “service,” subject to use taxes, or neither of those.
Scott Wants Tax Cuts Larger Than Projected Surplus. Lawmakers Are More Prudent.
Scott wants a larger tax-cut package in 2016 than the $673 million he sought this year, even though the state budget surplus is projected at $635.4 million, much of it one-time revenue that won;t recur in subsequent years.
Florida Lawmakers Consider Dumping Property Tax and More Than Doubling Sales Tax
If the state eliminated all property taxes, committee records indicate the state’s sales tax would have to go from 6 percent to 12.72 percent to cover existing state, local, school and special district expenses.
Yet Another Sales Tax “Holiday” Proposal, For Two Months, This Time for Military Veterans
The military veteran sales tax break would last from Nov. 1, 2016, through Dec. 31, 2016, just in time for the holidays, but competes with other breaks.
County Approves Indefinite Halt to Road Impact Fees, May End Them in East Flagler
A moratorium has cost cost the county $810,000 in transportation impact fees and $145,000 in parks and recreation fees as a result.
County Government Will Take Over Flagler Tourism Office From Chamber in Latest Expansion
The tourism office’s four employees have been under contract through the Flagler chamber of commerce. By next fall, they’ll be county employees, but their budget will still be underwritten by the 4 percent surtax on short-term rentals.
Florida’s Tax Revenue Expected to Grow by Modest $462 Million By June 2017
At least some of the extra money is likely to be eaten up by increasing enrollment in the state’s public schools, changes to health-care spending and the like.
Raise the Gas Tax Already
The federal gas tax has been stuck at 18.4 cents a gallon since 1993, lowest among advanced countries. Yet Congress just adopted a three-month stopgap measure, kicking the gas can down the road for the 35th time since 2009.
2nd Only to Texas With Military Retirees, Florida Facing Stiff Competition For Them
Military retirees are some of the best-educated, best-trained and youngest retirees around. Florida has nearly 200,000 of them. States are using their tax codes to lure them.