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Old 04-09-2009, 02:34 PM
swrinfla swrinfla is offline
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Bob S:

That's right, the intangibles tax was abolished. Partly, I think, because it generated really minimal amounts.

I haven't seen any significant increase in Real Estate taxes. Indeed, they decreased slightly for homesteaders (those who own a principal home in the state) because an additional $25,000 exemption was voted in.

Sales taxes apply to all non-food items. (Restaurant food, though, is charged the tax). In Sumter County, we pay 7%. I believe that's actually 6% state, 1% county.

There's talk of charging the sales tax on everything. There's talk of increasing the tax on cigarettes to over $1 a pack - it has been exceptionally low. I've heard rumblings that they might even institute an income tax, but I doubt that the politicians are that eager to slit their own throats!

SWR
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