Talk of The Villages Florida - View Single Post - Florida is the worst state in the country when it comes to tax fairness!
Thread: Florida is the worst state in the country when it comes to tax fairness!
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Old 02-21-2024, 08:51 AM
dshoberg dshoberg is offline
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Originally Posted by ThirdOfFive View Post
Heh. "Fair" is in the eye of the beholder. Like art. If you like it, it's good.

Moving here from Minnesota about four years ago...

1. My income tax bill has shrunk by about 1/3. Minnesota (where I hail from) is 4th highest in State income tax paid. Florida has no state income tax.

2. I pay quite a bit less in property tax in Florida...on a house that is valued at nearly twice my former home.

3. I don't have to pay for a fishing license in Florida.

4. Law enforcement (funded by tax money) is far better and more reliable here than back where I came from.

5. I pay nearly a full percent less in sales tax in Florida than I did before I moved here.

6. Minnesota ranks 5th in the nation in state estate taxes collected. Florida HAS no state estate tax. Important. Especially now.

7. The license fee on our primary vehicle is nearly 70% LESS per year than it was in Minnesota.

These seven items are what just came to mind. There are probably more financial advantages to living here than the ones listed.

Fair?

Oh yeah!!
We're also from MN...everything you stated plus political views prompted our move to FL