News from the South - Florida News Feed
Florida retains 4th in tax competitiveness report | Florida
SUMMARY: A Tax Foundation report ranked Florida fourth in tax competitiveness, highlighting its lack of a personal income tax as a key advantage. Florida scored first for individual taxes, 14th for sales taxes, 16th for corporate taxes, and 21st for property taxes. The state has a competitive 5.5% corporate income tax and a 4% sales tax, with an average combined local tax of 7%. Critiques included the limited first-year expensing of machinery and a low personal property exemption of $25,000. Despite methodological changes in the report, Florida maintained its ranking since 2020, leading the Southeast region.
The post Florida retains 4th in tax competitiveness report | Florida appeared first on www.thecentersquare.com
News from the South - Florida News Feed
Protesters go on strike in Israel demanding ceasefire and release of Gaza hostages
SUMMARY: Protesters in Israel staged a nationwide strike demanding the government negotiate for the release of about 50 hostages held in Gaza by militants. Organized by families of hostages and bereaved relatives, the protest blocked roads and closed businesses, fearing an offensive could endanger hostages believed mostly alive. Police arrested 32 protesters amid clashes. Israeli leaders are divided, with Prime Minister Netanyahu opposing deals favoring Hamas, fearing political fallout. Meanwhile, Israel launched airstrikes against Iran-backed Houthis in Yemen responding to missile threats. Aid deliveries of tents to Gaza resumed ahead of planned evacuations, as the ongoing Israel-Hamas conflict causes massive casualties and worsening humanitarian conditions.
The post Protesters go on strike in Israel demanding ceasefire and release of Gaza hostages appeared first on www.news4jax.com
News from the South - Florida News Feed
Tensions soar in Serbia as angry protesters clash with police, set fire to party offices
SUMMARY: In Serbia, protests escalated with violent clashes between demonstrators and police in Valjevo and Belgrade. Protesters, upset over alleged police brutality and corruption linked to a fatal train station collapse, attacked Serbian Progressive Party (SNS) offices, setting them on fire. Police responded with tear gas amid confrontations involving flares, bottles, and rocks. The unrest follows months of largely peaceful student-led protests demanding early elections, which President Aleksandar Vucic has refused, accusing protesters of foreign interference. Dozens have been injured, and many detained. The European Council urged peaceful assembly, while Serbian police denied brutality claims. Serbia seeks EU membership despite Vucic’s strong ties with Russia and China.
The post Tensions soar in Serbia as angry protesters clash with police, set fire to party offices appeared first on www.clickorlando.com
News from the South - Florida News Feed
11:30 a.m. tropical update: Hurricane Erin has intensified into a Category 5 storm, winds of 160 mph
SUMMARY: Hurricane Erin has rapidly intensified from a tropical storm to a Category 5 hurricane with 160 mph winds, expected to reach 165 mph soon. The well-defined eye is moving west and will continue to strengthen. The National Hurricane Center forecasts it will miss most islands, curving north into the Atlantic by midweek, passing between Bermuda and the U.S. East Coast near Cape Hatteras. Both major models agree on this path, guided by high-pressure systems steering the storm away from land. Northern Puerto Rico and parts of the southern Atlantic and northern Florida coasts may experience increased waves and rip currents as Erin passes.
The National Hurricane Center has upgraded Hurricane Erin to a Category 5 with sustained winds of 160 mph and is moving westward through the Atlantic Ocean.
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