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Corporate loopholes mean Florida taxpayers subsidize jobs in other states

Por: Orlando Sentinel Crime September 27, 2022

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In 1981, the Florida Legislature gave the banking industry a tax break. The goal was to entice banks to do their international lending from offices in Florida. Those banks, the thinking went, would then have to hire more accountants, loan officers and other white-collar workers here. But 13 years later, the federal government rewrote the nation’s banking laws to let banks start doing business across state lines. That led to the rise of big... + full article



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