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Could a new proposed Florida tax change be a sales opportunity?

 
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bert

posts: 393

Apr 20, 2007 12:09 PM ET    Quote  Report Abuse
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I had an interesting thought (yes, this happens to old people too) last night concerning the new proposed state constitutional amendment which would go on the November 2008 ballot.  If it gets Florida Senate approval it could make Florida the only state in the nation without either a personal income tax or property taxes on primary homes or homesteads.  This would mean the the government would be increaing sales tax to make up the property tax short fall.  In fact, I could see our sales tax being the largest in the US over time. 

 

I think I like the idea because it better spreads the tax burden more evenly.  Remember a large part of our population does not live here year around but they do use our roads and other government funded project without helping us to pay for them.  I must also say, it is not perfect without issues that I know will need to be resolved.  Regardless of the conception issues, I realized in thinking about this it might have another positive impact.   

 

Could this be a good thing for Internet retailers outside of Florida as it might drive more Florida residents to purchase goods on-line or out-of-state?

To give you a better understanding you can read the following web links.

 

http://www.naplesnews.com/news/2007/apr/19/florida_senate_un animously_passes_tax_overhaul_pla/

 

http://dor.myflorida.com/dor/taxes/sales_tax.html

 

What do you think?

Bert.

bert2007-4-20 13:4:22


-------------------------

Bert at Harvey Software, Inc.
Multi-Carrier Shipping Software and Supply Chain Solutions for Internet Retailers

Also a provider of free shipping information and resources at Harvey Software`s Parcel Shipping Blog along with free tracking solutions at TrackingPage.com...
Raisecapital02

posts: 301

Apr 20, 2007 2:40 PM ET    Quote  Report Abuse
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I believe it is a great thing because you may have more than five people living in one home. As far as the internet, people will rethink the way they spend their money. However, the cost of shipping may change a persons mind.
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