It is clearer than ever before that our state’s economy is not inclusive of every Georgian–and our entire state suffers as a result. People-Powered Prosperity details a vision for how state lawmakers can pursue strategies to help Georgians recover and thrive, as well as how the state can responsibly pay for the services our families rely on.
Our state boasts a successful business community and an attractive place to work, but problems and barriers across Georgia persist, including poverty, sky-high costs for college and child care, the maternal mortality crisis and inequities among women and people of color. These problems existed before COVID-19, but the pandemic has underscored them. Recovery is only possible if we invest in every Georgian and ensure no one is left out.
This campaign offers policy solutions to these issues and explains how Georgia can fund statewide prosperity.
The Roadmap to People-Powered Prosperity Runs Through Four Key Pillars
Georgia Can Afford an Ambitious Investment in its People
Fully funding our state’s shared priorities requires balancing Georgia’s state budget with sustainable revenue sources that fairly tax residents across the state. It is also important to reverse tax policies that cause the lowest-income families to pay the highest percentage of their earnings in state and local taxes and to make certain that the state avoids costly and inefficient loopholes or unnecessary tax breaks.
By modernizing the state’s tax code and implementing common-sense policies with demonstrated success in other states across the nation, Georgia’s leaders can both increase the state’s ability to fund its priorities and more equitably tax households. In order to achieve this goal, state leaders can:
- Preserve and strengthen the income tax for households and corporations by defending against cuts that largely benefit top earners and scaling back the double deduction to stabilize revenues and recover quickly during times of economic downtown
- Evaluate tax breaks for big business in order to trim back those that do not deliver enough benefit to offset the state’s lost revenue
- Increase the cigarette tax to the national average in order to raise over $500 million in annual revenues while discouraging tobacco use
- Extend the sales tax to cover all online purchases and some services
Learn More About People-Powered Prosperity
In 2018, we launched our People-Powered Prosperity Campaign with a foundational research report. We’re now building in that research with new goals and priorities, but the foundation remains the same. PPP relaunched in January 2020 with GBPI, 9to5 Georgia, Faith in Public Life and Small Business Majority at the helm. Several PPP priorities advanced through the Legislature during the 2020 session. The People-Powered Prosperity Campaign will continue to advocate for these policies and other solutions to improve outcomes for every Georgian. Read our latest progress report here.