Monday, May 16, 2011

Guess how few Florida businesses pay corporate taxes?

Out of 1.3 million for-profit corporations and companies in the state, only 24,112 paid any corporate income taxes at all last year, according to the state Department of Revenue.

More than 98 percent paid none at all.

At 5.5 percent, Florida has had one of the lowest corporate-tax rates in America for years.

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