March 19, 2024

Monday's Daily Pulse

What you need to know about Florida today

| 2/23/2015

Stronger dollar threatens home sales

If the value of America's currency continues to climb, that panic could soon trickle down to Florida's real estate industry. Analysts say the dollar's dramatic rise — its value is up nearly 15 percent during the past six months — already is putting a crimp in home deals in many of the state's top markets. [Source: Sarasota Herald-Tribune]


Coming telemedicine boom to drive job opportunities

The global health care industry is moving rapidly toward telemedicine. Hospitals, universities, physicians and emergency care providers are already providing telemedicine services regularly, or planning to roll them out. And that's going to open up job opportunities in Florida and throughout the country. [Source: South Florida Sun-Sentinel]


Legislature to tackle water woes

Not only is the state’s environment suffering from water pollution and supply problems, but future economic growth could be threatened as communities fight to maintain their share of the precious resource. [Source: Sarasota Herald-Tribune]


‘Aging in place’ may be the wrong answer for boomers and their parents

Baby boomers trying to pick the best living arrangements for themselves or their parents as they age should be wary of a phrase they coined in their younger years: If it feels good, do it. So says Stephen Golant, a University of Florida researcher who studies housing needs for older Americans. [Source: UF News]


Florida Trend Exclusive
Loophole: Holding companies use law to avoid paying taxes

A week before Thanksgiving in 1971, members of the Florida Legislature met to begin writing the law that created the state’s corporate-income tax. Gov. Reubin Askew, the late Democrat who had led a constitutional amendment campaign calling for the corporate tax, offered a warning: Don’t create loopholes. Guess what happened. Access full story.


ALSO AROUND FLORIDA:

› HiveSpace incubator aims to foster companies that want to make an impact
A new startup incubator is buzzing its way into Gainesville, and Starter Space, a professor and UF Hillel have teamed up with the intention to have it swarming with startup companies and fresh ideas.

› Florida voters most likely will have the last say on medical marijuana
A majority — 58 percent — voted for the amendment but that was short of the 60 percent needed. Nonetheless, when 58 percent of the voters support a ballot initiative it does send the message that Florida voters do want medical marijuana legalized.

› Upper Tampa Bay manufacturers in need of 'skilled labor'
Help wanted. That's the message from the Upper Tampa Bay Manufacturers Association, with one caveat. Skilled help. A 2013 survey of 109 manufacturers in Hillsborough and Pinellas counties found that 40 percent were experiencing limited growth due to a lack of skilled labor.

› South Florida’s booming tax fraud racket
An array of everyday criminals — some in seemingly upstanding positions of cop, nurse, soldier and even college student — have transformed South Florida into the nation’s capital of tax fraud.


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