The aims of a national minimum wage. The long-term aim of a minimum wage is to remove the problem of poverty pay, which exists when the earnings from paid work do not result in a living wage and fail to push people out of poverty. Low pay can result from a number of labour market failures, including:
Florida S Corporations and tax-exempt organizations are generally not required to file a Florida corporate income tax return if they do not have federal taxable income. If they have federal taxable income, however, they are then required to file a Florida corporate income tax return and pay any tax due.
The loopholes are so gaping that an estimated 1.3-million businesses in Florida are not even required to file a corporate income tax return, much less pay the tax. And almost 90 percent of the businesses that do file returns pay nothing.