Georgians will vote November 4th whether to permanently enshrine the state’s top income tax rate of 6 percent in the state’s constitution. The so-called “tax-cap” amendment sounds American as apple pie, right? No one looks forward to the day their
The widening gap between rich and poor makes it harder for state lawmakers to fully fund education, health care and other vital services, more so in states like Florida and Tennessee that rely mostly on sales taxes. That’s one of
Workers Squeezed by Tough Labor Market, Shrinking Paychecks Georgia’s economy has improved markedly since the darkest days of the Great Recession, but workers and their families remain pinched from the lingering fallout. Unemployment remains high, wages are depressed and many
Like many Georgians I grew up in a family hanging on tightly to the middle rungs of the economic ladder. My father drove old cars until they literally fell apart on the road, and my mother clipped coupons religiously from
When states like Georgia rate well as places to do business, the same factors used in those rankings also appear to create a climate for economic inequality, according to a new report. The new analysis finds states that tend to
Industries in Georgia that pay a middle-class wage fell furthest during the Great Recession but are faring the worst during the economic recovery. Georgia’s mid-wage industries comprised 52 percent of private sector job losses during the recession, but only 15
Georgia’s Shrinking Middle Class Opportunity A good-paying job is the cornerstone of a secure middle-class life, but Georgia’s private sector economy is failing to provide enough of them. Industries in Georgia that pay a middle-class wage suffered most during the
Low Revenues Keeping Georgia on a Path to Mediocrity, 2014 Update Georgia is one of the lowest-taxed states in the country, which prevents state and local governments from collecting the revenue they need to fully fund education, public services and
Georgia’s tax rates do not cause residents to pull up stakes and leave for nearby states with lower income taxes. That may come as a surprise if you listen to claims by anti-tax activists and lawmakers, who routinely say workers
Tax Measures Further Whittle Away Revenues Revised May 28, 2014 A collection of tax measures that will drain up to $238 million from Georgia’s state treasury and $154 million from its local governments over the next five years were signed
The Georgia Budget & Policy Institute works to advance lasting solutions that expand economic opportunity and well-being for all Georgians.
Georgia Budget & Policy Institute
GBPI is committed to tracking how the state of Georgia raises and spends fiscal resources. As the federal government has promised and provided some of these, cuts to programs and funding on the federal level could have deep and lasting impacts on Georgians and on the state’s ability to meet the needs of all its residents.
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