November 13, 2019

Orlando Sentinel: In Florida, 99% of Companies Pay No Corporate Income Tax — with Lawmakers’ Blessing

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A leaky corporate income tax ultimately shifts more of the cost of Florida government from corporations onto others, including low- and middle-income families, said Matt Gardner, a senior fellow at ITEP.

“Every million dollars you’re not collecting that way is a million dollars that local governments are trying to collect through speed traps or dog-catcher fees,” Gardner said. “You don’t see the linkage. But it’s there.”

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