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Kurt Wenner

Florida TaxWatch tax report is a mixed bag

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Tax numbers are in; and for Florida, it’s a mixed bag. However, there is a disclaimer for Florida’s reputation as a low-tax state. The Sunshine State comes in third for the lowest per capita tax amount of state tax paid, but when adding local taxes, the tax burden increases and the state ranking falls to 36, according to Tallahassee-based Florida TaxWatch. A new report from the nonpartisan government watchdog group does a deep dive into the numbers for its 2015 How…

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Florida TaxWatch study: Losses to other state taxes reduces state revenue from Seminole Gaming Compact

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Any revenue paid to the state through a gambling compact with the Seminole Tribe of Florida will be significantly offset by direct losses in other state revenues due to the increased spending on gaming, according to one of the conclusions of the a Florida TaxWatch report, How Much Revenue Will the Seminole Gaming Compact Provide For Florida?: An Analysis of the Impact on Other Tax Sources. The report examines the revenue side of the compact as currently written. In addition…

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