The homestead exemption proposal would go before voters as a constitutional amendment in 2018, would save homeowners money but cost local governments millions in revenue.
Taxes
Governments Mull Way To Fight Prescription-Drug Crisis That Worked With Tobacco: Taxes
California, Alaska and the US Congress are considering taxing prescription drugs to raise money for treatment and discourage their use, but the amounts of the taxes would be relatively small.
Scott’s $83.5 Billion Budget Seeks 3% Boost in Per-Student Funding and $618 Million in Tax Cuts
House Speaker Richard Corcoran has been a harsh critic of the governor’s plan to spend $85 million for business incentives and another $76 million to market the state’s tourism industry.
As Gov. Scott Announces His Budget, His Math Doesn’t Match Lawmakers’
Scott’s $2.8 billion surplus estimate makes some unlikely assumptions about how lawmakers will act when they return to the Capitol for the legislative session that begins March 7.
Trump On Your Side? Repealing Obamacare Is a Tax Break For Rich at Poors’ Expense
If Obama’s health law is reversed, taxes will go down for the rich and up for the poor, while millions lose coverage. It is redistribution for the wealthy.
Public Schools Dealt Blows in Pair of Court Decisions Favoring Vouchers and Charters
One court decision upholds corporate tax vouchers for private schools, another diminishes the role of local school boards in deciding what charter schools may operate.
If You Still Have Damaged Property, You Could Knock Hundreds of Dollars Off 2017 Tax Bill
Property owners anywhere in Flagler and its cities who still have lost or damaged assets as of Jan. 1, such as lost screened-in areas, are eligible for re-assessments that could bring down their property tax bills.
Assume Obamacare Is Repealed. What Then?
Republicans have also pledged to repeal the taxes that Democrats used to pay for their health law. Without that funding, Republicans will have far less money to spend on whatever they opt for as a replacement.
Opting Out of Obamacare: When Penalties Are Preferable to Unaffordable Premiums
Amid the uncertain future of Obamacare in a Trump administration, some resisters are feeling vindicated and other consumers simply don’t see the need to sign up.
The Best and Worst Presidents on Taxes
Ronald Reagan was among the worst–and the best–when it came to tax fairness, Teddy Roosevelt isn’t given enough credit, but a majority of American presidents did little by way of making the tax code fairer. It’s often been the opposite, argues Sarah Anderson.
Taxes Will Stay Flat For Most Property Owners in Flagler and Its Cities in 2017
Taxes have increased in Flagler County and in all five cities, but will be largely offset by a tax decrease in school taxes, while values have increased only marginally.
Despite $1.65 Billion Profit in 2015, FPL Seeks 23% Rate Increase Over Next Three Years
The proposal would increase the monthly base rate for a typical residential customer using 1,000 kilowatt hours of electricity from $57 to about $70 by 2020. The Public Service Commission would have to approve.
The American Dream, Canada-Bound
Our country has historically prided itself on being a socially mobile society, where your ability is more important than the race or class you’re born into. Not anymore. If you forgot to be born into a wealthy family, you’re better off today living in Canada or Northern Europe.
A Homestead Exemption in Two States? Supreme Court Asked To Rule on Legality
Pointing to a “far-reaching impact” of the case, attorneys for a Broward County woman are asking the Florida Supreme Court to take up a case that involves a married couple having homestead tax exemptions in two states.
Taxable Values Improve Less Than in 2015, But Still More Strongly Than in Pre-Recession Years
Palm Coast’s and Bunnell’s values improved least among local governments, at 3.9 and 2.2 percent, while county, school and Flagler Beach values all exceeded 5 percent.
County Approves Big Spending on Tourism Office Staff and Rigs and Hints at Raising Tax
County government absorbed the tourism office last fall and is spending big on it, raising staff pay, expanding staff, buying $300,000 worth of equipment and talking about raising the 4 percent sales tax supplement on short-term rentals to 5 percent.
Give Tax and Spend a Chance
The astonishing momentum of Bernie Sanders’s presidential candidacy reveals that millions of taxpayers are willing to entertain the idea that some of us aren’t taxed enough, and that it’s hurting the rest of us, argues Isaiah J. Poole.
With $714 Million For School Construction, Lawmakers Close in on $80 Billion Deal
Lawmakers have to agree on the roughly $80 billion overall spending plan by Tuesday for the legislative session to end on Friday, as scheduled.
Gov. Scott Sought $1 Billion in Tax Cuts. Senate Cuts It Down to $129 Million.
The new tax-cut package will combine with about $290 million earmarked to hold down local property taxes that would otherwise go into the state’s school-funding formula.
Sheriff Issues Warning of IRS Scams as “Hundreds” of Palm Coast Residents Report Fraud
Tax season is intensifying scams from fraudsters posing as the IRS, who have been targeting Palm Coast residents and threatening them with arrest if they don’t immediately pay bogus tax bills.
Palm Coast’s $9 Million Scam at Taxpayers’ Expense
Since 2008, Palm Coast government has wasted over $9 million in taxpayer money to subsidize its privately run, money-losing golf and tennis operations, which serve a small group of people. It’s been a colossal scam perpetrated on taxpayers.
Florida House May Back Scott’s $1 Billion Tax Cut, With Minor Differences
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.”
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.
County and Bunnell Join Schools and Palm Coast’s Higher Taxes, Flagler Beach Holds Line
The tax increases are generating almost no opposition, in large part because they are tied to benefits taxpayers can see: raises for teachers and cops, additions of firefighters (three this year at the county, three more next year), restoring reserves decimated during the recession, and so on.
Palm Coast Proposes 6 Percent Tax Hike; Home Owners Will See Much Lower Increase
If the council sticks with the proposed 2016 rate, which is the same as this year’s, a homesteaded homeowner with a $150,000 house, in the median range in Palm Coast, would see a tax increase of between $5 and $10 dollars for the year.
Flagler School Taxes Going Up About 4%, Heralding Season of Steeper Government Levies
The typical Palm Coast house valued at $150,000 will pay roughly $50 more in school taxes for the year even as the tax rate goes down slightly.
Flagler Looking to Raise Tourism Tax For 2nd Time in Four Years Despite Surging Revenue
Flagler County wants to raise the local sales surtax on hotel and motel stays to 5%, from 4%, even though revenue has grown ten-fold over the past decade.
$780 Million More for Education in Florida, But a $500 Million Property Tax Increase
The special session’s much-touted tax cut of $427 million is wiped out by a nearly $500 million tax increase to pay for education funding increases.
Gov. Scott Signs $429 Million Tax-Cut Package, Saving Average Floridians a Few Dollars a Year
The tax savings are projected at less than $2 a month for people paying $100 a month for phone or TV services. The package reduces costs on cell-phone bills, cable TV bills, gun club memberships, college textbooks and luxury boat repairs.
Taxable Values Rise Again–6% in Palm Coast, 7% in Flagler–But So Do Demands on Budgets
With more value comes more revenue for local governments, and more expectations from various agencies and the public–including a $2.4 million budget increase request from the sheriff’s office alone.
Despite Budget Crunch, Cable and Cell Phone Tax Cuts Still Expected in Special Session
Floridians could still get a reduction in their cable-TV and cell-phone bills as part of a new House tax-cut package, though it’ll fall short of the nearly $700 million package projected earlier this year.
Guns and Ammo Included In Sales Tax Holiday Florida Lawmakers Are Set To Approve
Guns and ammunition remain in a proposed Independence Day sales-tax holiday on hunting gear that is part of a wide-ranging tax cut package that advanced Tuesday in the House.
Scott’s Magical ‘Tax Cut Calculator’ Obscures Nation’s 2nd Most Unfair Tax System
As Gov. Scott touts minor tax cuts for consumers, you could ask why that $43 a year saved on the cable bill compares so unfavorably with the $3-4 billion in corporate tax evasion he and his legislative allies let Florida’s biggest, most profitable businesses get away with each and every year, writes Daniel Tilson.
Against Voter Wishes, Proposal Would Devote Just 1% of Available Cash to Land Preservation
Sen. Alan Hays, a Umatilla Republican in charge of budget talks with the House–which is already resisting more money for land-buying–says Florida already has enough land in public hands.
Florida House Pushes $690 Million Tax-Cut Package, Exceeding Gov. Scott’s Request
The proposed cuts include sales-tax holidays and eliminating taxes on gun-club memberships, college textbooks, materials purchased at book fairs and vehicles purchased overseas and brought to Florida by military members.
Obama Proposals Would End Tax-Subsidized Loans For Sports Stadiums
The proposal comes as many team owners, including Florida, are pressing cities and states for new facilities, with some threatening to move elsewhere if they don’t get them.
Attention Homeowners: Now’s The Deadline For Homestead Exemption Applications
Today is the deadline to file for a Homestead Exemption in Flagler County. If you miss the deadline, the Flagler County Property Appraiser’s office may be able to work with you within a reasonable window of time.
Obamacare Enrollment Will Re-Open From March 15 to April 30 For Penalized Tax Filers
The Obama administration will allow a special health law enrollment period from March 15 to April 30 for consumers who realize while filling out their taxes that they owe a fee for not signing up for coverage last year.
A Strip-Club Sin Tax That Also Takes Names? This Conservative Says No And No.
Florida lawmakers are considering a measure that would charge a $10 surtax on sex-club patrons and require the business to keep a database of customers. Nancy Smith says no.
Seeking $500 Million Cut, Scott Asks for Lower Taxes on Cell Phone, Satellite and Cable Bills
The governor’s office said it would save about $43 a year for a family that spends $100 a month on cell-phone and cable services, though spending on such services varies widely by household.
Projecting $1 Million Saving, Palm Coast Will Build $2.5 Million City Hall Addition Now Instead of 2019
The total Palm Coast City Hall cost rose to $9 million as the council agreed to build an 8,000 square foot addition as part of a broader construction plan that would net the city savings over five years.
Colossal Waste: U.S. Aid to Afghanistan Now Exceeds Marshall Plan, With Little Return
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.