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.
The confirmation by Amazon.com that it will build a pair of massive “fulfillment” centers along the Interstate 4 corridor means that sometime in the next two years Floridians will have to start paying sales taxes on purchases from the online retail giant.
The Hillsborough County Commission is the first of several local communities expected to throw tax-supported incentives at Amazon, as the usually anti-tax Florida TaxWatch declared support for online sales tax collection once Amazon starts doing business from a physical location in Florida.
Florida’s business lobby supports a bill that would forbid local governments from letting voters decide whether to require more generous sick-leave policies from employers than state or federal law requires.
The Florida Chamber of Commerce is asking a federal appeals court to continue blocking a new law that would prevent state and local governments from contracting with firms that have business links to Cuba or Syria. A a Miami federal judge ruled in June that the law likely violates the U.S. Constitution.
A controversial Progress Energy Florida project to build two nuclear reactors in Levy County will not start producing electricity until 2024 — and likely will cost between $19 billion and $24 billion, the company now says, but customers will still have to pay for them now.
Integrity Florida, a new watchdog group, faults Enterprise Flagler, the public-private partnership, for producing too few jobs while perks such as tax breaks and incentive grants went to corporations that paid to serve on the agency’s board.
A House panel Today approved a proposal to shutter the 1,000-some Internet cafés that have opened in shopping centers across the state in recent years, including nearly a dozen in Palm Coast.
The rise and fall of U.S. Century, whose leaders used it as their own corporate ATM, exemplifies the failure to regulate banking during the boom years and the slipshod approach to the bailout. Losers are taxpayers and Florida residents grappling with ill effects of sprawl.
Gov. Rick Scott wants to double the corporate income tax exemption to $50,000 and eliminate the tangible tax for half of the state’s 300,000 businesses that now pay it. It’s part of his plan to eliminate all corporate taxes ins even years.