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Quote:
Originally Posted by golfing eagles
Just one question: What does a tourist economy (primarily out of state visitors) have to do with state income taxes which are imposed upon residents of that state????
And of course, NYC has a very high income tax----you not only pay the state, you pay the city as well. And even if you don't live in the 5 boroughs, you pay almost the same as a "commuter" tax.
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I have lived in Florida all my life. I have been taught in High School and College that Florida has no state income tax because the state fills all of its needs through the tourist economy. If this fails, then Florida will have to collect a state income tax. It's been 40 years since I studied state and local government. Were all my teachers and professors guessing? Not sure! But, it is where I heard it. I never doubted their word and checked .I also remember quite a few politicians running for office promising to keep the tourist trade hefty to eliminate the need for a state income tax. (Read my lips! No new taxes!) Sorry, that's all I have on the subject. At least I"m honest. BTW, I was always a straight A student.