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Started By
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Florida's lack of state income tax
Posted on 11/27/15 at 8:43 pm
Posted on 11/27/15 at 8:43 pm
I know the entire topic has been beat to death, but does this come into play. It seems like FSU would have a built in 6-7% advantage. Doesn't seem like much but we we are talking over $400k/yr (>$2m total) on the 5yr/$30m rumored deal that they would be able to incentivize.
7
Posted on 11/27/15 at 8:44 pm to The Rodfather
it wouldn't be about money
Posted on 11/27/15 at 9:14 pm to beauchristopher
It's always about money.
Posted on 11/27/15 at 9:16 pm to The Rodfather
Property tax is a lot less. Do you think Florida just lets that revenue fly out the door? We are splitting hairs here.
Posted on 11/27/15 at 9:21 pm to The Rodfather
He can stay a FL resident right?
Posted on 11/27/15 at 9:23 pm to JAXTiger16
Yes. But you pay income tax in the state you physically work or are based in. Not the state you live in.
Posted on 11/27/15 at 9:26 pm to beauchristopher
"It's not about the money, it's about the amount" - Derek Dooley
Posted on 11/27/15 at 9:29 pm to The Rodfather
Did you factor in the cost savings Jimbo will experience from not having to buy so much denham?
Posted on 11/27/15 at 9:30 pm to The Rodfather
STFU
Posted on 11/27/15 at 9:31 pm to The Rodfather
(no message)
This post was edited on 1/10/21 at 11:36 pm
Posted on 11/27/15 at 9:31 pm to The Rodfather
Property Taxes!
Posted on 11/27/15 at 10:04 pm to BigPerm30
I doubt that property taxes would even approach close to 20% of the $400k difference
Posted on 11/27/15 at 10:06 pm to The Rodfather
Property taxes and fuel taxes are higher in Florida vs. Louisiana. One way or another the state gets their money. 
Posted on 11/27/15 at 10:10 pm to conman
The state makes up most of that by gouging tourists with hotel/motel taxes. Yes property taxes are really high but the hotel taxes are exorbitant.
Posted on 11/27/15 at 10:12 pm to The Rodfather
Depends on your property!
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