Blog Budget and Taxes Wesley Tharpe Reshuffling Income Tax Rates is a Faulty Economic Formula March 21, 2017 / January 15, 2020 by Wesley Tharpe State legislators are considering a package of income tax changes in the final days of the 2017 session that could lead to major changes for families, businesses and the state’s financial health. The headline-grabbing core of House Bill 329 is to swap Georgia’s longstanding graduated tax structure with rates ranging from 1 to 6 percent […] Read more » Income Tax tax breaks
Blog Claire Suggs K-12 Education Private School Scholarship Savings Claims Deserve Skepticism March 17, 2017 / January 15, 2020 by Claire Suggs State lawmakers are considering a big expansion of the private school scholarship tax credit program. House Bill 217 proposes to hike the program’s cap to $100 million from the current $58 million over the course of a few years. The program is a variation on traditional school vouchers, which are private school scholarships funded directly […] Read more » K-12 Private School Scholarships
Budget and Taxes Reports Wesley Tharpe Lawmakers Debating Big Bucks after Several Tax Bills Pass House March 13, 2017 / January 15, 2020 by Wesley Tharpe | 2 Comments on Lawmakers Debating Big Bucks after Several Tax Bills Pass House Adding Up the Fiscal Notes: Crossover Day 2017 Each year, the Georgia Budget and Policy Institute examines tax bills considered by the state Legislature and tallies potential costs as part of our two-part Adding Up the Fiscal Notes series. This analysis is a snapshot of the legislative state of affairs as of March 14, 2017. […] Read more » Adding Up the Fiscal Notes Income Tax
Blog Claire Suggs K-12 Education Misguided March to Expand Tax Credits for Private School Scholarships March 9, 2017 / January 15, 2020 by Claire Suggs | 1 Comment on Misguided March to Expand Tax Credits for Private School Scholarships The Georgia Senate is considering a plan to expand the state’s private school scholarship tax credit program after the House recently approved House Bill 217. The bill proposes to raise the annual cap on tax credits from $58 million to $100 million for donations to organizations issuing the scholarships. Its potential fiscal impact is cause […] Read more » K-12
Budget and Taxes Reports Wesley Tharpe Targeted Fix to Income Tax Package Can Deliver Georgians a Win March 8, 2017 / January 15, 2020 by Wesley Tharpe Analysis of potential revision to House Bill 329 (LC 43 0601S) Georgia lawmakers are considering a large income tax proposal with three sound tax policy reforms alongside one serious shortcoming. On the plus side, the current bill proposes to boost families with a new Georgia Earned Income Tax Credit (EITC), close an outdated loophole and […] Read more » Income Tax tax breaks
Fact Sheets Health Justice Laura Harker Planned Medicaid Changes Put State Health System at Risk March 7, 2017 / January 15, 2020 by Laura Harker | 1 Comment on Planned Medicaid Changes Put State Health System at Risk Congressional proposals to remake the federal Medicaid funding system into one based on block grants or one that is capped per enrollee threaten to squeeze Georgia’s budget in coming years. Replacing the existing system with either one endangers health care innovation in Georgia or shrinking the number of people with access to coverage. Almost 2 […] Read more » Block grants medicaid
Budget and Taxes Fact Sheets Wesley Tharpe Fact Sheet: Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 28, 2017 / January 15, 2020 by Wesley Tharpe Analysis of Substitute Version of House Bill 329 (LC 43 0601S) Updated March 8, 2017 Georgia lawmakers are considering a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill including a new Georgia Earned Income Tax Credit (EITC) and modest increases to […] Read more » Income Tax revenue tax breaks
Budget and Taxes Claire Suggs K-12 Education Reports Ballooning Tax Credit for Private School Scholarships February 27, 2017 / January 15, 2020 by Claire Suggs Bill Analysis: House Bill 217 (LC 34 5120S) State lawmakers are considering a bill that proposes to swell the annual price of Georgia’s tax credit for private school scholarships. House Bill 217 raises the cap to $100 million from the current $58 million on a program that diverts tax revenue from the state to organizations […] Read more » K-12
Claire Suggs K-12 Education Reports Education Savings Accounts Carry Huge Price Tag February 21, 2017 / January 15, 2020 by Claire Suggs | 1 Comment on Education Savings Accounts Carry Huge Price Tag Fact Sheet: Senate Bill 68 (LC 33 6784) Georgia lawmakers are considering a bill to allow parents to take state money to pay for private educational services. Senate Bill 68 proposes an Individual Education Savings Account, or ESA, program. These savings accounts allow parents to redirect public money to pay for private school tuition and […] Read more » Education Savings Account K-12
Budget and Taxes Reports Wesley Tharpe Income Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 21, 2017 / January 15, 2020 by Wesley Tharpe Bill Analysis: House Bill 329 (LC 43 0564) – Updated February 27, 2017 Members of the Georgia House are set to consider a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill offer benefits to working class Georgia families, while others could […] Read more » EITC Income Tax revenue tax breaks