[Amore]

Uh, guys, there IS a tax on individuals. It's called the Florida Intangible Tax. While it is supposed to be being phased out, it isn't gone yet. This one really steams me because it taxes the profit individuals get from their investments (once you reach a certain amount) -- even though the feds have already taken out a substantial chunk. And they wonder why people don't save enough money! Sometimes it seems like there is no point in doing so when others are out having fun, spending theirs.

[summer]

But, Amore, that FL Intangibles Tax is on the way out -- its exit has been slightly delayed because of the resulting budget problems after 9-11.

[Moonman62]

This one really steams me because it taxes the profit individuals get from their investments (once you reach a certain amount) -- even though the feds have already taken out a substantial chunk.

It taxes paper gains long before they become profits. I bet people hated paying taxes on paper profits before the stock market crash. They never got to see the money that they had to pay taxes on.

The Florida intangibles tax is probably the worst tax ever devised.