Florida Best for Business
Florida ranked number five in the United States for ‘best business climate’ for the fourth straight year according to the 2015 State Business Tax Climate report conducted by the Tax Foundation.
The Tax Foundation looks at over 100 factors in order to create the annual ranking, including corporate tax, individual income tax, sales tax, unemployment insurance tax, and property tax to name a few.
States with the best tax systems tend to be the most competitive when attracting new businesses and are often the most effective at generating economic growth which leads to employment growth. When businesses move or open in Florida, they bring with them new jobs for the local communities. New jobs translates to more people working and therefore spending more money which allows for continued economic growth.
The Tax Foundation ranked states by individual tax categories as well. Florida was ranked 14 in corporate taxes, one in individual income taxes, 12 for sales taxes, three for unemployment insurance taxes, and 16 for property taxes. Florida attracts people from across the country not just for the sun and beaches, but also because of our lack of income tax as well as multiple other reasons.
For businesses and individuals, Florida is a good place to move!!
Life’s A Beach Real Estate is a full service Real Estate Company on the beautiful Emerald Coast. Our headquarters is located in one of the most unique condominium buildings on the beach, The Origin Beach Resort. We have over 700 condos for sale on Panama City Beach as well as beachfront and vacation homes in the world famous 30A area. A large part of our business is Condo sales but we also assist our clients with new homes, investment opportunities, commercial properties, new construction and development.