Hallandale Beach (formerly known simply as Hallandale) is a city in Broward County, Florida, United States. The city is named after Luther Halland, the son of a Swedish worker for Henry Flagler's Florida East Coast Railroad. As of the 2010 census, the population was 37,113. The city is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track which hosts the World Classic. It also has a sizable financial district, with offices for a number of banks and brokerage houses. Due to the large number of tourists who eventually retire in the city, Hallandale Beach has one of the fastest-growing populations in Broward County and in Metro Miami.
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How did Florida earn the grade of A? We examined the state taxes based on how age friendly they are. Florida has a state sales tax of 6.00%. Of particular interest is that Florida does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Florida has an effective property tax rate of 1.02%. Weighing these taxes and other taxes most likely to impact the aging population is how Florida earned its state tax grade of A.
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