taxes

Florida's Republican candidate for governor spoke at a campaign event at TECO's new operations center in north Tampa.

An upcoming four-month sales tax "holiday" on certain camping and hunting gear, including guns and ammunition, is back to round out the year.

Between inflation, rising car and property insurance premiums and the costs of contending with extreme weather, many Florida homeowners are feeling financially squeezed. As an economist living in Florida, I’ve spent the past decade teaching about the economics of government and public finance, analyzing and breaking down policy, policy proposals and their impacts on the Sunshine State.

Nautilus 220 waterfront condo could drive 50% tax windfall for tiny Lake Park, delivering on the town’s Christmas wish.

Gov. Ron DeSantis will ask lawmakers to schedule a referendum in November to gradually eliminate most property taxes.

The Florida House of Representatives approved a joint resolution on Thursday to put in motion a possible constitutional amendment on the November ballot that would completely end non-school property taxes for homesteaded properties beginning on Jan. 1, 2027.

State Rep. Ryan Chamberlin, from Marion County, revealed his “Freedom 1,2,3” proposal to reporters during a Zoom press conference on Tuesday. The move came months after Gov. Ron DeSantis first pressured state lawmakers to eliminate the tax.

The 2023-2024 fiscal year included a substantial amount of the time DeSantis ran for the Republican presidential nomination. He dropped out of the race in January 2024.

In the survey of 1,200 Floridians taken in April, 46% said they support eliminating property taxes while 32% supported reducing sales taxes.

House Speaker Daniel Perez, R-Miami, and Senate President Ben Albritton, R-Wauchula, made the announcement on the final scheduled night of a contentious 60-day legislative session. Lawmakers had to approve an extension of the session because they did not finish the budget.

As a show of support, supporters of Gov. Ron DeSantis called for a “Rally in Tally” Friday afternoon at the Capitol in support of his “Freedom Agenda.”

ProPublica’s “Secret IRS Files” series contains examples of billionaire financiers who avoided Medicare tax despite earning huge amounts from their companies.