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Posts tagged as: taxes

Tax Notices Mailed to Property Owners Point to Mostly Modest Increases

| August 27, 2018

Property owners started receiving their tax notices in the mail last week. the numbers are not as dire as feared or as they seem, particularly when a tax bill is looked at whole rather than in its various parts.

Florida’s Back-To-School Sales Tax Holiday Is This Weekend: Here’s A Guide (No Electronics)

| August 2, 2018

Florida’s sales tax holiday on school supplies, clothing, shoes and other select accessories is this weekend–starting at a minute after midnight Friday, Aug. 3, through midnight Sunday, Aug. 5.

Flagler Property Values Rise 7.5%, Best Since Recession, But Government Revenue Faces Shock

| June 1, 2018

Higher values ease pressure on government revenue but a potential increase in the homestead exemption would reduce revenue by millions, absent tax hikes.

Sales Tax ‘Holiday’ For Disaster-Preparedness Supplies Set For June 1-7 Across Florida

| May 25, 2018

Expanded from three days last year, the tax holiday has drawn added attention after Florida experienced hurricanes in 2016 and 2017 after a decade’s calm.

Tax-Evaders Beware: Flagler Will Take Over Local Collection From Short-Term Renters, Projecting Jump in Revenue

| April 17, 2018

The Flagler County Tax Collector, not the state Department of Revenue, will be collecting the 5 percent tax on short term rentals starting in July–a tax hundreds of property owners are evading currently.

FPL Will Not Charge Customers For Irma Repairs After All, Citing Tax Savings

| January 16, 2018

FPL says savings from the federal tax overhaul will allow it to avoid billing customers for the $1.3 billion cost of restoring electricity after Hurricane Irma.

Not To Worry, Estate Planners: Help For Struggling Millionaires Is On The Way

| December 28, 2017

The estate tax was just slashed to exempt millionaire families up to $22 million, a doubling of the previous exemption, which had covered 99.8 percent of taxpayers.

3 Reasons The Trump Tax Plan Is a Disgrace

| December 17, 2017

Robert Reich’s three-step guide on the rubbish of the Trump-Republican tax plan for when you confront your Republican Uncle Bob during the holidays.

Senate Leader Eyes Constitutional Amendment Requiring Two-Thirds Majority For Any Tax Increase

| December 12, 2017

The Florida Constitution Revision Commission, which meets every 20 years, has the power to place constitutional amendments on the November 2018 ballot.

Historically Low School Tax Will Diminish Effects of Tax Increases in Palm Coast and County

| September 25, 2017

Even though county government, Palm Coast, Flagler Beach and Bunnell are all increasing taxes, homeowners’ bills will not see a steep increase thanks to a lower school tax.

Gov. Scott Seeks Amendment To Require Supermajority When Lawmakers Raise Taxes

| August 14, 2017

Gov. Scott didn’t define the meaning of “supermajority” but 15 states, liberal and conservative, already have the requirement of from 60 to 75 percent supermajorities when lawmakers raise taxes.

In Some States, Sales Tax Holidays Lose Luster as Hype Overshadows Cost

| August 6, 2017

Tax holidays don’t increase buying but merely concentrate it around specific dates. They’re regressive. They’re more political than useful: in Florida, the Legislature turned down Gov. Scott’s request for 10 days.

There’s No Good Reason for Your Boss to Make 347 Times What You Do

| July 11, 2017

It’s business executives through outsized CEO pay — not movie stars, professional athletes, or heiresses — who grabbed the dollars that once flowed to the American worker.

Lawmakers Approve Budget With Tax Cuts, Severe Cuts to Medicaid, Minor Increase For Education and Big Boost to Charters

| May 8, 2017

The budget package includes a modest increase in per-student spending through the state’s main education formula, $521 million in Medicaid cuts for hospitals and far-reaching changes to education across the board.

Senate Approves Constitutional Proposal That Would Increase Homestead Exemption to $75,000

| May 2, 2017

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.

GOP Plan Scraps Individual Mandate Only to Create New, 30% Penalty For Laggards

| March 23, 2017

The GOP approach is called a “continuous coverage” penalty. It increases premiums for people who buy insurance if they have gone 63 consecutive days without a policy during the past 12 months.

Renner Is Right: Kill Enterprise Florida and Visit Florida, Twin Kleptos of Public Troth

| February 12, 2017

Enterprise Florida and Visit Florida are two tax-supported state agencies that act more like slush funds, wasting money behind secretive veils and returns on investment that have never lived up to the promise.

Trump On Your Side? Repealing Obamacare Is a Tax Break For Rich at Poors’ Expense

| January 24, 2017

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.

The Best and Worst Presidents on Taxes

| October 22, 2016

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

| September 30, 2016

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.

In 3-1 Vote, County Enacts Special Taxing Districts for Two Hammock Subdivisions to Drain Flooding

| September 12, 2016

Flagler County government is rolling out a long-awaited plan to contain drainage problems in Marineland Acres and the Malacompra Basin, with a new annual tax on property owners to help pay for the improvements. Some residents welcome the plan, others see it as costly and as jeopardizing the beachfront atmosphere.

Give Tax and Spend a Chance

| April 15, 2016

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.

Court Upholds Prohibition on Married Couple Claiming 2 Separate Homestead Exemptions

| March 23, 2016

Whether in state or out of state, the Florida appeals court found that the plain language of the law meant that only one homestead exemption was allowed, regardless of location.

3-Day School “Tax Holiday” Part of $129 Million Tax-Cut Package Nearing Approval

| March 11, 2016

The package is far short of the $1 billion in tax cuts that Gov. Rick Scott requested. The trimmed-down package is the result, at least in part, of lawmakers responding to state economists reducing revenue forecasts for the next couple of years.

With $714 Million For School Construction, Lawmakers Close in on $80 Billion Deal

| March 6, 2016

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.

| March 3, 2016

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

| February 17, 2016

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.

Starting With $8.50 Increase Next Year, FPL Seeks Monthly Rate Increase of $14 By 2020

| January 17, 2016

The proposal would help cover the nearly $16 billion that the power company has been investing since 2014 to improve its electricity service.

Florida House May Back Scott’s $1 Billion Tax Cut, With Minor Differences

| January 15, 2016

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.”

Familiar Priorities In Scott State of the State: Tax Cuts and Spending on Business Incentives

| January 12, 2016

The governor has essentially staked his legislative session on the success of two initiatives: A $1 billion tax cut and devoting $250 million to a new “Florida Enterprise Fund” to help lure employers to the Sunshine State.

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