
Category: Daniel Kanso, PhD


Breaking the Bank: Eliminating the State Income Tax Harms Most Georgians and Increases the Cost of Living
Introduction Eliminating Georgia’s income tax would represent the largest transfer of wealth from working and middle-class families to high income individuals and corporations in state history. Doing so would dramatically push Georgia’s budget out of balance, given that the income

Georgia Starts Fiscal Year 2026 with $14.6 Billion in General Fund Surplus Accounts
This week, the state released its annual Georgia Revenues and Reserves report, which provides information on the state’s financial position after the conclusion of the 2025 fiscal year (FY), ending June 30, 2025. The 2025 fiscal year marked the first


Georgia Budget Trends Primer for State Fiscal Year 2026
Read More of the 2026 Budget Primer here. As Georgia Awaits Potential Federal Changes, Opportunities Abound on Horizon The $37.8 billion state budget signed into law by Gov. Kemp for FY 2026 represents a 4.5% year-over-year increase from the budget

Georgia Revenue and Funding Primer for State Fiscal Year 2026
Read More of the 2026 Budget Primer here. Understanding Georgia’s FY 2026 Budget: Overall, Georgia plans to spend $67.2 billion in Fiscal Year (FY) 2026, which begins on July 1, 2026 and ends on June 30, 2027. The largest share

The House-Passed Reconciliation Bill Would Significantly Increase National Debt, Primarily Benefitting Top Earners, While Cutting Health Care and Food Assistance
*The following information reflects the legislation passed by the United States House of Representatives on May 22, 2025. Additional information will be provided as the bill progresses. On May 22, the U.S. House passed major tax and spending legislation, entitled

GBPI Applauds Introduction of the American Family Act, 2025
Today, U.S. Senator Raphael Warnock introduced the American Family Act , which would expand the federal refundable child tax credit (CTC). This bill would enhance the credit so that it would increase benefits and reach more families with children. The

Baby Bonds in Georgia: Creating a Universal Savings and Investment Account Program for Children
Georgians face significant barriers in accessing economic opportunities and the ability to build wealth, resulting in Georgia ranking 11th lowest in the nation for home ownership and ranking second highest for student debt per borrower.[1] One of the most powerful

Overview of Georgia’s Budget for the Amended 2025 and Full 2026 Fiscal Years
Governor Brian P. Kemp’s executive budget proposals for the current fiscal year (AFY 2025) and next year (FY 2026) are characterized by a focus on one-time projects and modest spending increases. The $37.7 billion revenue estimate for FY 2026 is