The deadline for filing federal income tax returns serves as a reminder of a distinction Florida shares with only six other states: imposing no state personal income tax.
The absence of the tax is appreciated by most Floridians. But it has consequences on Florida's tax structure, affecting who pays for public services and whether the revenue generated by the tax system is adequate to meet state needs.
In summary, Florida is a low-tax state, rated the second-worst in the nation, inadequate to meet the need for public services, and worsened by subsidies and tax breaks to large, profitable corporations. It would be made even worse by elimination of the corporate income tax.
Keeping that tax and modernizing the state's antiquated tax system would best serve Florida.
> Read the report.