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.
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News from the South - Florida News Feed
Jacksonville University only school with 2 finalist teams in NASA’s 2025 Human Lander Challenge
SUMMARY: Jacksonville University (JU) is the only school with two student teams selected as finalists in NASA’s 2025 Human Lander Challenge, a competition focused on cryogenic fuel storage and transfer in space for NASA’s Artemis program. JU joins top universities like MIT and Ohio State as one of 12 finalists nationwide. Each team received a $9,250 stipend to refine their proposals ahead of the June competition in Huntsville, Alabama. The proposals are led by Dr. Angela Masson, combining expertise from JU’s School of Aviation and Davis College of Business and Technology. The competition highlights JU’s growing impact in STEM innovation.
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News from the South - Florida News Feed
Osaka Expo opens in Japan offering a vision of the future. Here’s what to know
SUMMARY: The Expo 2025 Osaka, held at Yumeshima, opened with over 10,000 people singing Beethoven’s Ninth Symphony. The event, themed “Creating a future society for our lives,” showcases exhibits from over 160 countries. Despite slow ticket sales, the Expo aims to address global tensions through collaboration. Highlights include the Grand Ring, a massive wooden structure, cutting-edge technology like robots and flying cars, and pop culture displays. The U.S. pavilion highlights space travel, and China showcases lunar samples. The quirky mascot, Myaku-Myaku, adds a playful element, symbolizing the Expo’s theme of creativity and unity.
The post Osaka Expo opens in Japan offering a vision of the future. Here’s what to know appeared first on www.clickorlando.com
News from the South - Florida News Feed
Ecuador’s incumbent president and a leftist lawyer again vie for the top job in a runoff election
SUMMARY: Ecuadorians are voting in a second presidential runoff between conservative incumbent Daniel Noboa and leftist lawyer Luisa González. Both candidates have promised to address rising violence linked to drug trafficking, with a focus on stronger law enforcement and international support. Noboa, a young millionaire with a background in business, won 44.17% of the votes in October 2023, while González secured 44%. The election follows a sharp rise in crime since 2021. Voter turnout is mandatory for adults under 65, with fines for non-compliance. The results are expected to be close, with polls closing at 5 p.m. local time.
The post Ecuador’s incumbent president and a leftist lawyer again vie for the top job in a runoff election appeared first on www.news4jax.com
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Georgia ranks 35th in energy affordability report | Georgia