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Make Responsibility Count With a Cost‐Saving, Revenue‐Generating CARE Program
Author(s) -
Adderly T.C.
Publication year - 2021
Publication title -
opflow
Language(s) - English
Resource type - Journals
eISSN - 1551-8701
pISSN - 0149-8029
DOI - 10.1002/opfl.1542
Subject(s) - revenue , inflation (cosmology) , property tax , sales tax , business , tax deferral , finance , state (computer science) , key (lock) , tax revenue , public economics , economics , state income tax , tax reform , ad valorem tax , gross income , double taxation , ecology , physics , algorithm , theoretical physics , computer science , biology
Taxes are one of the key reasons many people choose to move to Florida. The lack of a state income tax, moderate sales and business taxes, and statewide property taxes below the national average are all attractive reasons to call Florida home. But it also means there isn't much room for cities and municipalities to increase taxes further to compensate for inflation, rising costs, or instituting new programs. The City of Miramar, however, has found a solution by approaching these challenges from a new angle: the city's new Comprehensive Assessment of Revenues and Expenses (CARE) program.