November 26, 2014

Small Business

Tax Squeeze

Amy Keller | 6/1/2007

Thirty-five percent of Florida small-business owners are considering reducing staff or benefits in the face of rising property taxes, according to a poll by the National Federation of Independent Business. Another 14% of respondents said they might close their business in the near future, while 15% said they are pondering relocating out of state. Other poll results:

  • 39% of respondents are thinking about postponing expansion.
  • 81% said they believe high commercial property taxes are a threat to their business.
  • Asked how they were coping with the tax increases, 42% have increased prices, 16% have reduced benefits and 21% have reduced staff.
  • 34% said last year's property tax increase was greater than 20%.

Tags: Politics & Law, Around Florida, Government/Politics & Law

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

What your doctor won’t disclose
What your doctor won’t disclose

Wouldn’t you want to know if your doctor was a paid spokesman for a drug company? Or held personal beliefs incompatible with the treatment you want? Right now, in the US at least, your doctor simply doesn’t have to tell you about that. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

What's your favorite thing about the Thanksgiving break?

  • Spending time with family & friends
  • Shopping & deals
  • Eating!!
  • Watching sports
  • What break? I'm busy working!

See Results

Ballot Box
Subscribe