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How is Florida going to survive?
Posted by: C(-)ris
Date: April 10, 2020 08:03PM
Was thinking about this with Disney being closed. There is no income tax in Florida and they have below average property taxes as well. Their sales tax isn't particularly high either. This is all made possible by high sales volumes and tourism tax revenue. They now are getting neither with everything shut down. Pretty much everything from roads, to emergency services, to schools are funded through tourism tax revenue. What are they going to do now that they are losing millions in tax revenue every day and there isn't any relief in sight for at least 3 months.

Here in Wisconsin there are some things funded by tourism, but for the most part income tax and property taxes fund the majority of running the state.



C(-)ris
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Edited 1 time(s). Last edit at 04/10/2020 08:04PM by C(-)ris.
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Re: How is Florida going to survive?
Posted by: Sarcany
Date: April 10, 2020 08:06PM
They'll take out loans and issue bonds, just like all the other states.



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Re: How is Florida going to survive?
Posted by: mrbigstuff
Date: April 10, 2020 08:09PM
Maybe sell some swampland to Chinese billionaires?
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Re: How is Florida going to survive?
Posted by: Ombligo
Date: April 10, 2020 08:51PM
While some counties rely heavily on tourism taxes, many do not have much in the way of tourist traffic. Those counties budget accordingly based upon local fees and tax options, and property taxes.

There is more to the state than SoBe, Key West, and a mouse.



“No persons are more frequently wrong, than those who will not admit they are wrong.” -- François de La Rochefoucauld

"Those who cannot accept the past are condemned to revise it." -- Geo. Mathias
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Re: How is Florida going to survive?
Posted by: RgrF
Date: April 10, 2020 09:03PM
There is more to the state than SoBe, Key West, and a mouse.
That's true, there's also :
David Anthony
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Re: How is Florida going to survive?
Posted by: Racer X
Date: April 10, 2020 09:21PM
Relief won't really come until effective treatments are widely available, and reasonable turnaround won't come until a vaccine is widely circulated.



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The police have no duty to respond. See Castle Rock v. Gonzales, 545 U.S. 748 (2005) or Warren v. District of Columbia[1] (444 A.2d. 1, D.C. Ct. of Ap. 1981)

Judge Lee wrote that “we cannot jettison our constitutional rights, even if the goal behind a law is laudable." 9th Circuit Court of Appeals

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Re: How is Florida going to survive?
Posted by: NewtonMP2100
Date: April 10, 2020 09:46PM
....eye.....of the tiger......



_____________________________________

I reject your reality and substitute my own!
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Re: How is Florida going to survive?
Posted by: p8712
Date: April 10, 2020 09:46PM
Quote

Their sales tax isn't particularly high either.

7% in my county.

Quote

There is more to the state than SoBe, Key West, and a mouse.

This. We survived 9/11 loss of Tourism and the great recession, we we will this too. That said our upper leadership of idiots.
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Re: How is Florida going to survive?
Posted by: SKYLANE
Date: April 10, 2020 10:06PM
Quote
Racer X
Relief won't really come until effective treatments are widely available, and reasonable turnaround won't come until a vaccine is widely circulated.

agree smiley
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Re: How is Florida going to survive?
Posted by: davester
Date: April 10, 2020 10:35PM
A logical solution would be to raise the sales tax and/or institute an income tax like most states. However, this is Florida after all.



"In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion." (1987) -- Carl Sagan
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Re: How is Florida going to survive?
Posted by: modelamac
Date: April 11, 2020 08:32AM
C(-)ris:

FL has a lot of fruit, veggie, and beef products.



Ed (modelamac)

I think I will just put an OUT OF ORDER
sticker on my head and call it a day.
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Re: How is Florida going to survive?
Posted by: ka jowct
Date: April 11, 2020 09:16AM
The Easter Porn lady will fix everything.



My life goes smoothly and in regular intervals
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Re: How is Florida going to survive?
Posted by: deckeda
Date: April 11, 2020 10:46AM
Quote
p8712
Quote

Their sales tax isn't particularly high either.

7% in my county.

If this is in Florida, you're being undertaxed. Especially if it's not rural.

We have people who regularly would drive across the state line from TN to KY for items, because where we are it's 10% ... and lemme tell ya most of us out here in the woods are far from rich.
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Re: How is Florida going to survive?
Posted by: Ombligo
Date: April 11, 2020 12:25PM
Quote
deckeda
Quote
p8712
Quote

Their sales tax isn't particularly high either.

7% in my county.

If this is in Florida, you're being undertaxed. Especially if it's not rural.

We have people who regularly would drive across the state line from TN to KY for items, because where we are it's 10% ... and lemme tell ya most of us out here in the woods are far from rich.

Florida state sales tax is 6%, counties may increase it by up to 1.5% if they choose, so the max in the state is 7.5%.(my county chose not to increase, so we are 6%)

Property tax millage is set locally with a 50K reduction on home values with qualifying homestead exemptions (only 25k for the school tax portion). There may also by local option taxes and fees (my county uses local option fees for landfill operation and emergency services)

State fuel taxes are 42¢/gallon on gas (does not include federal fuel tax).

Many counties do have tourist taxes on lodging tours, etc, but for most that is a small part of the tax base. In my county that money goes straight to the tourist development committee for advertising (we only have about 12 hotels in the county)

The closest thing to an income tax is the required 3% state employees are required to pay towards their retirement fund (though the money goes into the state general fund and the legislature is supposed to allot that amount to the retirement system, so far they always have).



“No persons are more frequently wrong, than those who will not admit they are wrong.” -- François de La Rochefoucauld

"Those who cannot accept the past are condemned to revise it." -- Geo. Mathias
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Re: How is Florida going to survive?
Posted by: Mactel
Date: April 11, 2020 01:21PM
DeSantis and Rick Scott are attached to Trump's anus so FL will get whatever help it needs...
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Re: How is Florida going to survive?
Posted by: NewtonMP2100
Date: April 11, 2020 01:30PM
Quote
Mactel
DeSantis and Rick Scott are attached to Trump's anus so FL will get whatever help it needs...


.....'Human Centipede'......??



_____________________________________

I reject your reality and substitute my own!
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Re: How is Florida going to survive?
Posted by: vision63
Date: April 11, 2020 04:19PM
By hook or by crook.
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