Florida's per capita state government tax revenue collections are at their lowest points in decades, according to state's fiscal watchdog, Florida TaxWatch.
The group's latest report, finds that the state's per capita state tax collections have fallen to 48th in the nation. According to the report, Florida's lower tax rankings spring largely from the negative impact the great recession had on property and sales tax revenue. The report also finds that 53 percent of Florida state and local taxes come from business, the 10th highest ration in the nation.
This information was taken directly from an article published by Florida Realtors on April 28, 2015.
Warmest Regards,
Kevin Aizenshtat
Realtor