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Florida Revenue Drops, Budget Shortfall Grows
TALLAHASSEE (CBS4) – The state of Florida was already set to face a budget shortfall of roughly $3.62 billion. But, numbers being reconciled on Friday boosted that number to almost $4 billion, after...
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Last Day Of Back-To-School Sales Tax Holiday
MIAMI (CBS4) – Time is running out to take advantage of the back to school tax-free holiday. Sunday is the last day shoppers won’t pay sales tax on clothing items costing $75 or less and school...
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Bill Would Replace School Property Taxes With Sales Taxes
TALLAHASSEE (CBS4)-A House Republican on Tuesday filed a bill that would eliminate property taxes that go to public schools and replace them with increased sales taxes. The bill (HB 1181), filed by...
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Fla. Senate Targets Internet Sales Taxes
MIAMI (CBSMiami) – If you’ve enjoyed shopping on Black Friday from the comfort of your home, knowing you’re saving on sales taxes; some Florida lawmakers may have bad news for you. Thursday, a Florida...
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Fla. Will Renew Back-To-School Sales Tax Holiday
TALLAHASSEE (CBSMiami/AP) — There’s good news for Florida shoppers before they send their kids off to school next fall. Florida lawmakers are going to renew the state’s popular back-to-school sales tax...
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State Revenue Collections Exceed Estimates By 2.8 Percent
TALLAHASSEE (CBSMiami/AP) — Florida’s state general revenue collections are exceeding expectations. Translation: the state is making more money. A monthly report by the Legislature’s Office of Economic...
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Senate Panel Approves Internet Sales Tax Measure
TALLAHASSEE (CBSMiami/AP) – One of the best things about buying products online is the lack of sales tax if it isn’t sold in the state. Now a state Senate panel is looking to change that. On Tuesday...
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Politicians Push Bill To Help States Collect Online Sales Tax
(CNET) – A group of Republicans and Democrats yesterday reintroduced a federal bill that could cost online retailers and customers more money. The Marketplace Fairness Act would allow states to require...
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Miami-Dade College Seeking Sales Tax Hike For Additional Funding
MIAMI (CBSMiami) – Miami-Dade College has plans to ask county voters to pass a half-cent sales-tax increase to help shore up the college’s finances, according to CBS4 news partner the Miami Herald. The...
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New State Budget Forecasts Expected Soon
TALLAHASSEE (CBSMiami) – State economists are preparing new budget forecasts for how much money the state should collect in taxes over the next few years. The budget estimates will be used by state...
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Bill That Taxes Online Purchases Faces Senate Vote This Week
WASHINGTON, D.C. (CNET) – Internet tax supporters are hoping that a vote in the U.S. Senate as early as today will finally give them enough political leverage to require Americans to pay sales taxes...
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Internet Tax Bill Sails Past Senate Vote
WASHINGTON, D.C. (CNET) – The U.S. Senate voted overwhelmingly today to endorse levying Internet sales taxes on American shoppers, despite warnings from a handful of senators that the proposal is...
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Video Games, Cell Phones Excluded From Back-To-School Holiday
TALLAHASSEE (CBSMiami/NSF) — Back to school items wouldn’t include a Game Boy, digital media receivers or even cell phones, a Senate committee decided Wednesday in setting out what should be included...
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Florida’s Sales Tax Holiday To Return In August
TALLAHASSEE (CBSMiami/NSF) — Attention shoppers: Mark Aug. 2 to Aug. 4 on your calendars. The Senate Appropriations Committee on Tuesday approved a bill (SB 916) that would allow back-to-school...
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Congress Considering Tax On All Internet Purchases
MIAMI (CBS4) – Shopping online in an effort to dodge sales tax may soon come to an end. The Senate is debating a bill that would require online retailers to charge state and local sales tax on all...
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Gov. Scott Brings Sales Tax Victory Tour To PortMiami
MIAMI (CBSMiami) – Governor Rick Scott started his day at the PortMiami as part of his Building Up Manufacturing Victory Tour. The focus of the tour is to highlight the positives of recently passed...
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Amazon Goes Big In Florida
TALLAHASSEE (CBSMiami/AP) –Seattle-based company Amazon will bring new warehouses to Florida. The move, according to Governor Rick Scott, will create more than 3,000 jobs, but it also means Floridians...
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Miami-Dade College Sales Tax Proposal Back Again
TALLAHASSEE (CBSMiami/NSF) — A proposal that would allow Miami-Dade County to ask voters to bolster funding for a local state college and university is back, for a fourth time, before a tax-resistant,...
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Amazon To Open Two Warehouses In Florida
TAMPA (CBSMiami/NSF) — Internet retail giant Amazon is officially coming to Florida. Amazon.com confirmed Tuesday that it will build distribution centers in Hillsborough County and in Lakeland, with...
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Scott Announces Extended Sales Tax Holiday
TALLAHASSEE (CBSMiami) – Florida Governor Rick Scott announced on Twitter that this year’s sales tax holiday in August will last for 10 days. “A 10-day sales tax holiday will allow FL families to keep...
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