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WebJun 28, 2024 · Here are the top 5 tax privileges of being a Florida resident that will help you realize why moving to Florida makes a lot of sense. 1. No Income Tax You will save a lot from income tax levied against your earned income as the Florida income tax rate is 0%. It is definitely a great incentive for those relocating to FL. WebSep 20, 2024 · 1. Yes, there are lots of seniors in Florida. Though Florida isn’t the state with the highest median age, it’s up there. It’s a popular destination for retirees, due in part to its warm weather and in part to its retirement tax-friendliness.That doesn’t mean that young people should scrap the idea of moving to Florida, though. rainbow mantis shrimp facts
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