Friday, August 17, 2018

The Vinik Tax

Liberty County has the highest sales tax in Florida at 8 percent.  It could get company in November if Hillsborough County voters approve a one percent increase in its sales tax ostensibly for transit.
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The regressive measure, being heavily promoted by developer and former hedge-fund manager Jeff Vinik, will hurt low-income families, communities of color, and retirees. Known more popularly as The Vinik Tax, it is essentially a bailout for his financially troubled downtown Water Street Tampa project. more

By Jim Bleyer

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