Life and politics from the Sunshine State's best city

Tag archive

Insurance taxes

Committee hearing delayed on Anitere Flores’ tax swap legislation

in Statewide/Top Headlines by

A committee test turned into an anticlimax Wednesday for a Senate bill that would trade a tax break for insurance companies for one to benefit phone, cable, and satellite communications customers. The Appropriations Subcommittee on Finance and Tax adjourned abruptly after approving a bill making technical changes to align Florida’s corporate income tax to the federal tax code. The Legislature makes the adjustment every year. Sen. Anitere Flores didn’t show up to present what was to have been the headliner bill — SB…

Keep Reading

Florida 2015-16 general revenue boosted by extra billion in sales tax

in Statewide/Top Headlines by

State economists released a rundown of state revenue streams Monday, including the sources for Florida’s $28.41 billion in general revenue funds. According to the 2016 Florida Tax Handbook, the state sales tax looks to see the biggest gains in the 2015-16 fiscal year. Sales tax makes up 77 percent of the state’s general revenue funds; the expected $21.87 billion haul represents an increase of about $1.07 billion from last year. The corporate income tax was the only other general revenue…

Keep Reading

Go to Top