Good Greek Moving & Storage was honored to host Florida Governor Ron DeSantis at our West Palm Beach warehouse on Wednesday afternoon for a press conference detailing the state’s fiscal strategy and the newly rolled out “Floridians First” budget for the upcoming fiscal year.
Governor DeSantis highlighted why so many people and businesses are choosing to move to Florida: economic opportunity and a welcoming tax environment.
Tax Relief and Economic Boom: A Draw for Movers
Good Greek Moving & Storage, as a Florida-based company, is proud to be part of the state’s strong economic climate. Governor DeSantis emphasized that the lack of a state income tax is a significant draw for people relocating to Florida.
Furthermore, the state is focused on reducing the tax burden on both families and businesses:
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Business Relief: The state recently abolished the tax on business rent, which has already yielded massive relief. The Governor noted that this change means 130,000 businesses no longer have to file for that tax, significantly reducing bureaucracy, paperwork, and filing time.
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Family Savings: Everyday staples such as groceries, medications, and baby items are exempt from sales tax in Florida.
Focus on Homeownership and Property Tax Relief
The influx of new residents to Florida has led to rising property values, and Governor DeSantis addressed the need to provide relief for families, especially younger ones who are new homeowners.
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He noted that the total amount of property tax revenue going to local governments has surged from $32 billion in 2019 to $56 billion today.
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Governor DeSantis stated that he and his team are “working very hard on a great proposal” that will focus on Florida residents and their primary homestead property.
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The goal is to ensure that homeownership truly means ownership, putting the state on a “great trajectory” for residents.
Strong Fiscal Discipline
The Governor also provided an overview of Florida’s strong fiscal health, a key indicator of state stability for anyone considering a move:
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The “Floridians First” Budget maintains the state’s strong fiscal discipline.
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The state is set to retire over 50 percent of its tax-supported debt in Fiscal Year 2026-27.
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The Budget Stabilization Fund (rainy-day fund) has more than tripled under his leadership, rising from $1.5 billion to the constitutional maximum of $5 billion, and is fully funded this year.
Good Greek Moving & Storage is honored to be the backdrop for such important announcements about the future of Florida. We continue to serve the growing number of families and businesses choosing to call the Sunshine State home, providing the World’s Only Total Relocation Solution® for their “Best Move Ever.”
Watch the event here: https://x.com/GovRonDeSantis/status/1998842184632836346?s=20