Targeted Tax Reforms
Businesses looking to create more jobs in Florida or relocate to our state thoroughly evaluate a state’s attractiveness and competitiveness before making their decisions. Creating a competitive business climate is essential in Florida’s efforts to become the number one job creator in the nation. While Florida is moving in the right direction, we must maintain forward momentum to break down barriers to free enterprise.
Why We’re Doing It
According to a National Conference of State Legislatures report, Florida stands to lose $1.48 billion in uncollected online sales tax revenues in the 2012 fiscal year.
Defeated $230 Million Tax Policy Increase
Stopping an attempt to change a 25-year-old tax rule that would have forced a $230 million increase on Florida insurance companies and put our state at a competitive disadvantage was important. In addition, it would have shifted Florida’s focus away from the insurance industry as a leading targeted industry to attract and retain private-sector jobs.
There’s plenty of evidence that Florida is on the right track to becoming more competitive, but a few systemic issues are holding Florida back from becoming the nation’s permanent leader in job creation.
For a more competitive business climate, the fight for free enterprise continues. Instead of short-term quick fixes, the Florida Chamber is focused on long-term solutions to grow the private-sector and help small businesses and families.
Closing Internet Sales Tax Loophole
Protecting Florida’s businesses by closing the Internet sales tax loophole that lets government pick winners and losers is a needed fix. Paying the sales tax is already a requirement; closing the loophole does not create a new tax. This is simply e-fairness.
- Study: Pro-Growth Tax Reform and E-Fairness (PDF Document)
- 2013 Legislative Summary (PDF Document)
- Florida Alliance for Main Street Fairness
- Where We Stand
- How They Voted
- Legislative Report Card
- The Florida Scorecard