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Florida is one of only seven states that does not tax individual wage income. It does, however, assess a state corporate income tax. The state's intangible personal property tax was eliminated in 2007. More on Florida taxes can be found in the tabbed pages below. 1  Income. 2  Sales. 3  Property. 4  Estate. 5  Other.
Beside that NASA, Military, and Fishing play an important role to Florida economy. Average salaries in Florida are lower than average salaries in the U.S. Florida is one among seven states that don't impose a personal income tax. Florida has four cities ranked on top 25 cities in the U.S with the most card debt credit. In Year 2010, roughly around 2.4 million people in Florida were living in poverty.