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user-generated· regulatory

Florida enacts a 5% personal income tax by 2028

Florida's current reliance on sales and consumption taxes (80.3% in 2025) creates budget volatility during economic downturns. To stabilize revenue, Florida will introduce a 5% personal income tax by mid-2028, despite its long-standing 'no income tax' policy.

regulatory · Prediction Market

Implied probability (Yes)
60%
Closes
2028-06-30

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