More than 1 million Georgia taxpayers claimed the Low Income Tax Credit in 2007, receiving $29 million in credits. If legislators eliminate the refundable portion of the credit, they will be cutting the Low Income Tax Credit by two-thirds, lowering the total credits to low-income Georgians by $21.8 million, according to the fiscal note to the bill. Download the PDF.
GBPI’s statement on the signing of SB 233
Statement by David Schaefer, Vice President of Research and Policy, GBPI: The Georgia Budget and