Florida Has 4th Most Competitive Tax Code In US

Florida’s tax code is the fourth most competitive in the country, according to a study released Tuesday by nonprofit group Tax Foundation.

“The index ranks states based on their tax structure, not their tax burden,” the study said. “States with complex tax codes that distort business decisions do poorly, while states with transparent, neutral, fair tax codes score well.”

The Sunshine State had the most competitive individual income tax structure and the second-most competitive unemployment insurance tax structure.

Click here for the full study.

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