Florida
What's New
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ITEP Work in Action
October 17, 2018Florida Policy Institute: Florida Has Third Most Unfair State and Local Tax System
Florida’s reputation as a “low-tax” state belies the reality that it is, in fact, a high-tax state for low- and moderate-income residents. Floridians with the lowest incomes — those earning less than…
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blog
October 17, 2018Low-Tax States Are Often High-Tax for the Poor
A new ITEP analysis reveals that many states traditionally considered to be “low-tax states” are actually high-tax for their poorest residents. The “low tax” label is typically assigned to states…
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ITEP Work in Action
December 20, 2017Florida Policy Institute: Dream Act: What’s at Stake for Florida?
There are 72,000 young immigrants who were potentially eligible for DACA that call Florida home. They currently contribute a total of $78 million to local and state taxes annually through…
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blog
November 14, 2017House Tax Plan Offers an Exceptionally Bad Deal for California, New York, New Jersey, and Maryland
An ITEP analysis reveals that four states would see their residents pay more in aggregate federal personal income taxes under the House’s Tax Cuts and Jobs Act. While some individual… -
blog
November 8, 2017State Rundown 11/8: Online Sales Tax Fight and Tax Subsidy Absurdity Go National
Internet sales tax fairness efforts gained momentum this week as most states joined together to encourage the US Supreme Court to allow them to collect taxes on online sales. Meanwhile,… -
ITEP Work in Action
July 21, 2017Florida Policy Institute: The Growing Divide: Federal Tax Plan Would Give Massive Tax Cuts to Wealthy Floridians as the Poorest Americans Continue to Struggle
The federal tax plan broadly outlined by the current administration would do very little to create opportunities for Floridians struggling to make ends meet. Instead, the tax plan would provide…
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ITEP Work in Action
May 19, 2017Florida Policy Institute: New Report Finds Shortcomings in Florida’s Scholarship Tax Credit Program
State tax policies are undermining high-quality public education by redirecting public dollars for K-12 education toward private schools via tuition tax credits, according to a new report published by the… -
blog
May 17, 2017Investors and Corporations Would Profit from a Federal Private School Voucher Tax Credit
A new report by the Institute on Taxation and Economic Policy (ITEP) and AASA, the School Superintendents Association, details how tax subsidies that funnel money toward private schools are being… -
report
May 17, 2017Public Loss Private Gain: How School Voucher Tax Shelters Undermine Public Education
One of the most important functions of government is to maintain a high-quality public education system. In many states, however, this objective is being undermined by tax policies that redirect…
By the Numbers
| Personal Income Tax Features | |
|---|---|
| Range of Tax Rates | N/A |
| Standard Deduction |
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| Personal Exemption | N/A |
| Dependent Exemption | N/A |
| Earned Income Tax Credit (EITC) | None |
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| Corporate Income Tax Features | |
|---|---|
| Range of Tax Rates | N/A |
| Income Level at Which Top Rate Applies | N/A |
| Combined Reporting | 5.50% |
| Apportionment Factor (Payroll) | All |
| Apportionment Factor (Property) | No |
| Apportionment Factor (Sales) | 25% |
| Sales Tax Features | |
|---|---|
| State Sales Tax Rate | 6.00% |
| Average Local Sales Tax Rate | 0.65% |
| Average Combined State & Local Sales Tax Rate | 6.65% |
| State Sales Tax Treatment of Groceries | Exempt |
| Local Sales Tax Treatment of Groceries | Exempt |
| Number of Services Taxed | 63 out of 168 surveyed (2007) |
| Streamlined Sales Tax Membership | No |
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| Property Tax Features | |
|---|---|
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| Other Tax & Revenue Features | |
|---|---|
| Gasoline Tax Rate (per gallon) | $0.364 |
| Diesel Tax Rate (per gallon) | $0.305 |
| Cigarette Tax Rate (per pack) | $1.339 |
| Estate or Inheritance Tax | No |
| Net Lottery Sales Per Capita | $198 (2010) |
| Tax Policy Oversight | |
|---|---|
| Tax Expenditure Report | Yes |
| Tax Incidence Analysis Capability | None |
Last updated January 13, 2015
RESOURCES
State Tax & Revenue Information
- Florida Department of Revenue
- Florida Department of Revenue - Tax Collections & Distributions
- Florida Legislature - Office of Economic and Demographic Research