March 4, 2015

Orlando Sentinel: Affordable Housing Bears Higher Tax Burden

media mention

However, heavy reliance on property taxes and lack of an income tax were among the reasons a January report from the Institute on Taxation and Economic Policy ranked Florida as one of the nation’s most regressive tax states. Only Washington had a tax structure that was more punitive on low-income families. The bottom 20 percent of residents pay up to seven times as much of their income in overall taxes as their wealthy counterparts.

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