Florida is known for its lack of a state income tax, but residents face significant property taxes and other levies. The state ranks 43rd in overall tax burden, with a 6% sales tax and an average property tax rate of 0.91%. High property taxes stem from reliance on local revenue, a tourism-driven economy, and rising property values. The Florida Legislature sets tax rates, while local governments control property taxes. Recent efforts focus on property tax relief, but increasing values continue to challenge residents.
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