Florida's economy just topped $1 trillion dollars, meaning if Florida was its own nation, it would have the 17th largest economy in the world. The Florida Chamber Foundation in a release said the state is adding $2.74 billion to the state's gross domestic product each day.

​

The sales tax is 6%.

​

Florida Corporate Income Tax: Corporations that do business and earn income in Florida must file a corporate income tax return (unless they are exempt). Florida Property Tax: Florida Property Tax is based on market value so January 1st of that year. Florida does not assess an estate tax or an inheritance tax. No portion of what is willed to the individual goes to the state.

That's bigger than Switzerland, Saudi Arabia, Argentina and the Netherlands.

​

​

There is no state income tax or estate tax in Florida. This business model puts more money in the pockets of consumers which leads to greater spending. Governor Ron DeSantis is signing legislation to help Florida grow and prosper. The biggest drivers of Florida's GDP are tourism agriculture, international trade, aerospace and aviation, life sciences and financial services.