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Florida TaxWatch: You’re Finally Working For Yourself, Not To Pay State Taxes
April 15, 2019
On Sunday, April 14, Floridians celebrated the first day of the year where taxpayers are finally earning money for themselves and not for the tax collector. Taxpayer Independence Day, calculated by Florida TaxWatch, accepts that every dollar earned since January 1 goes to pay federal, state, and local obligations. This year, it will take the average Florida family 103 out of 365 days – or almost three and a half months – to satisfy its tax obligations. Looking at it another way, it takes two hours and 15 minutes of every eight-hour workday to earn enough to pay your taxes.
Historically, taxpayer independence comes sooner in Florida than for the average U.S. taxpayer, and this year is no exception. The Tax Foundation estimates that the national “Tax Freedom Day” for 2019 is April 16, two days later than Florida’s.
“Florida’s economy is steadily and modestly growing, and that is boosting state and local tax collections,” said Florida TaxWatch President and CEO Dominic M. Calabro. “Even with the federal tax cuts of 2017 and the Florida Legislature’s tax-cutting policy, tax collections paid by Floridians grew faster than their income in 2019 so Taxpayer Independence Day is coming one day later this year.”
Federal tax burden continues to have the largest impact on Floridians, as federal taxes comprise 68.7 percent of Floridians’ federal, state, and local tax burden. For the average Floridian, the state tax burden is 16.5 percent and local tax burden is 14.7 percent of their total tax bill. Florida will contribute $301 billion in taxes to federal, state, and local governments in 2019, $15 billion more than last year.
“Taxes are Florida families’ single biggest expense, more than food, housing and clothing combined,” said Florida TaxWatch Vice President of Research Kurt Wenner. “It’s important that they are kept informed about the changing size of their tax bill, so they can decide if they are getting the government they pay for.”
Comments
7 Responses to “Florida TaxWatch: You’re Finally Working For Yourself, Not To Pay State Taxes”
@ Retired:
Iike your ideas…but how much Fed Sales Tax ? It’s on top of 7.5 in
Escambia Co. ? and what about the 15.3 % we pay for Social Security
and Medicare ? and on top of Fla/county gasoline tax? and on top of
Fed tax on gas & diesel ?
The government holds all them taxes out and eather u owe them at end of year or you get back very little I try not give them the satisfaction of getting my money .it is almost like working for unions I’m not paying someone to work and barely get by. its eather pay bill this week or buy groceries we give taxes to make government officials rich for instance mayor hawkings . One thing for sur when I’m gone from this corrupt world they can’t get money from this one . Taxes what a joke irs is awful joke
You know while were at it might as well get rid of Social Security make all those old dead beats get a job and work to support themselves and medicare/medicade as well we all know you can afford your own healthcare it’s not expensive or complicated.
Joe works and gov’t takes $20,000 from his paycheck.
Joe gets $500 back at end of year.
Joe is happy, feels ‘thankful’.
We need to eliminate the welfare system, be it corporate welfare, or monies going to dead beats that refuse to work. I don’t mind helping people who need it but we have too many able bodied People that are nothing more than just lazy, taking advantage of the system. This includes immigrants that come here and get on tax payer assistance and never get off, as well as citizens who apply for assistance. It is time for what we use to call on the big construction jobs as a “roll back”. That is when every tool, from power cord, portable light, and hand tools no matter how small or large is picked up and returned to the tool crib. You identify the real need and eliminate the purchase of new equipment. I think we need to roll back a lot of our government programs identify the real needs and stop wasting money on things that do not benefit the true needy people who are deserving or unable to support themselves.
need to end income tax and just make a federal sales tax. that way everyone pays their fair share.
need term limits for all elected positions
We need the FairTax.