Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Florida State Income Tax? It's Unthinkable

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Herman Munster Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-15-07 11:55 PM
Original message
Florida State Income Tax? It's Unthinkable
http://www.tbo.com/news/metro/MGBTE3ICK0F.html

TALLAHASSEE - One legislative proposal would reduce Florida's rapidly rising property taxes by increasing the state sales tax. Another would raise property taxes for homeowners to lower the bills for other taxpayers. One potential new revenue source, though common in most states, remains unthinkable and unmentionable in Florida: a personal income tax. "It's a terrible way to tax," said House Policy and Budget Committee Chairman Ray Sansom. "We would never consider something like that. That would be the last thing. It's sort of over our dead bodies."

Sansom, R-Destin, said House Republicans never gave income tax the slightest thought when they came up with their tax-swap proposal. It would increase the 6 percent statewide sales tax to as much as 8.5 percent - making it the nation's highest - in exchange for abolishing property tax on primary homes, known as homesteads.Senate Democrats also never considered an income tax when they drew up their proposal to increase property taxes on homesteads, already limited to increases of no more than 3 percent a year, as a way to lower taxes on businesses, second homes and other properties.

Florida's income tax aversion dates to 1924, when voters banned it through an amendment to the state constitution. The state remains a tax haven decades later, one of only seven states without a personal income tax. The others are Alaska, Nevada, South Dakota, Texas, Washington and Wyoming.

The chances of lifting Florida's income tax ban appear as remote as ever, even though the state's constitutional Taxation and Budget Reform Commission, which is meeting this year and next, has the power to review Florida's entire tax structure and place amendments on the ballot. "People say let's don't even waste our time talking about that because it is politically impossible," said commission member Talbot "Sandy" D'Alemberte, a law professor and president emeritus of Florida State University.

Printer Friendly | Permalink |  | Top
magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 12:04 AM
Response to Original message
1. Trust the Repugs to want to abolish property taxes
...and force EVERYONE in FL to make up the difference in a regressive sales tax. Idiots.

The problem is that property taxes are out of control in SOME areas. I don't see why all of Florida should have to bite the bullet for some. Maybe the state should consider capping property taxes in hot areas. Or, hey, how about slowing down development and the resulting influx to a manageable rate.
Printer Friendly | Permalink |  | Top
 
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 12:26 AM
Response to Reply #1
3. Oh, a state imcom tax would surely slow down influx! That's one of the
reasons so many retire there. They also don't have any estate taxes...yet another reason a lot of wealthy people retire there! Actually they should consider an estate tax instead of an income tax. They'd get a lot more revenue and wouldn't harm anyone but the greedy heirs.
Printer Friendly | Permalink |  | Top
 
magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 12:31 AM
Response to Reply #3
5. Repugs consider an estate tax? Ha!
Thank you for the laugh!

I wouldn't mind a state income tax; I've had to pay tax in every other state I've lived in. But the other options proposed are just pure garbage, more ways to screw the have-nots.
Printer Friendly | Permalink |  | Top
 
BamaLefty Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 12:30 AM
Response to Reply #1
4. That's nothing
Alabama has the worst tax system in the nation.

Individual income taxes here represent 33% of the total while sales is a close 26.7%. It's the most sickening and regressive system in the nation.
Printer Friendly | Permalink |  | Top
 
drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 12:24 AM
Response to Original message
2. God forbid they consider a progressive form of taxation!
:crazy:
Printer Friendly | Permalink |  | Top
 
wakeme2008 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 03:23 AM
Response to Original message
6. Florida used to have an estate and stock and bonds tax
but Jeb did away with it which forced local governments to up property taxes...
Printer Friendly | Permalink |  | Top
 
SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-16-07 03:35 AM
Response to Original message
7. Why not? California gave us $182 tax exemption for 2006
Isn't that special?:eyes:

$91 freaking dollars per person exemption to live here:grr:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 11:43 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC