Home > Policy Areas > State Taxes

State Taxes

Adding Up the Fiscal Notes: 2014 Session Recap

April 11, 2014

Tax Measures Further Whittle Away Revenues
A collection of tax measures that could drain up to $286 million from Georgia’s state treasury and $207 million from its local governments over the next five years gained the approval of the General Assembly this year. Although not as large as some past… [Read more]

Adding Up the Fiscal Notes: Crossover Day 2014

March 12, 2014

Grab-bag of Tax Measures on the Table
A slew of bills with revenue implications for Georgia’s state and local governments are in the hands of state senators, after House members passed them before Crossover Day, March 3, 2014. The House passed nine relevant tax bills before the day when legislation… [Read more]

Tax Resolutions Could Put Georgia Lawmakers in a Bind

February 5, 2014

Bill Analysis: Senate Resolution 415
Georgia legislators are proposing a constitutional amendment that would limit the state’s ability to adequately meet the needs of its people in the future. The proposal, Senate Resolution 415, would call for a referendum to create a permanent income tax cap in the state Constitution.… [Read more]

Overview: 2015 Fiscal Year Budget for Business Subsidies

January 24, 2014

State Support for Private Sector Remains High
Georgia plans to spend about $683 million on various tax breaks and economic development programs to subsidize private businesses in the upcoming 2015 fiscal year. This high level of support for Georgia’s private sector is an annual recurrence. Each year, state lawmakers spend… [Read more]

How Tax Shift Plans Raise Taxes on Most Families

August 13, 2013

A seismic shift from incomes taxes to sales taxes would raise total state taxes for as many as four in five Georgia taxpayers, as explained in a Georgia Budget and Policy Institute (GBPI) comprehensive report published this month.
How can cutting income taxes actually increase taxes on most families?… [Read more]

Tax Shift Plans Threaten Georgia’s Future

August 7, 2013

Proposals Would Hurt Families, Businesses, Communities and the Economy
Currently in vogue in several states, plans to drastically cut or abolish state income taxes and replace them with higher sales taxes are under discussion in Georgia. But these proposals would raise taxes on most Georgia families, harm businesses and communities… [Read more]

Tax Revisions Keep Georgia on the Wrong Path

May 10, 2013

Adding Up the Fiscal Notes: Closing the Books on 2013
Tax revisions passed by the Georgia Legislature and signed into law by Gov. Nathan Deal this year will cost an estimated  $168 million over five years, draining more scarce resources on top of years of damaging cuts to schools, job… [Read more]

Adding Up the Fiscal Notes: Tax Plans Nearly Complete

March 15, 2013

Crossover Day Report: Tax Revisions Worsen Georgia’s Short-Term Finances
Georgia revenues are expected to drop by about $80 million during the current and upcoming budget years and that number could grow if legislators act on bills that are still pending as the 2013 session of the General Assembly nears an… [Read more]

“Georgia Renaissance Act” is Well-Intentioned, but Costly | Bill Analysis: House Bill 128

February 15, 2013

Dubbed the Georgia Renaissance Act, House Bill 128 would create $30 million worth of new tax credits aimed at revitalizing local downtowns, making it one of Georgia’s costliest economic development programs. The proposal calls for a mix of tax incentives to entice Georgia businesses and real estate developers to renovate… [Read more]

Overview: Georgia’s 2014 Budget for Business Tax Breaks

February 7, 2013

Tax-Side Spending for Economic Development Continues to Swell
In addition to the nearly $100 million that Gov. Nathan Deal proposes to spend on economic development during the 2014 fiscal year, Georgia is also scheduled to commit another $289 million through 16 business tax credits that companies in Georgia are eligible… [Read more]