Pat Neal: Business rent tax stifles Florida’s economic future
The business rent tax is the only state-sanctioned sales tax on commercial leases in the entire country and Florida is the not-so-proud holder of that title. Not even tax-happy havens like California and New York impose this state tax on its businesses. Due to this burdensome tax, Florida businesses shell out more than $1.7 billion every year to the state. As a result, our state economy dramatically suffers in the form of suppressed job growth and economic activity. Luckily, Gov.…