Georgia is one of a few states that allows a deduction for state income taxes for filers who itemize. Repealing it would bring in an estimated $450 million, which in K-12 education alone, could have prevented the six furlough days and additional cuts to the education funding formula in the amended budget. Repealing it prevents the current inequitable decrease in the effective tax rate for Georgia taxpayers who itemize compared to those who do not.
In 2021, GBPI reflected on the unequal impact of the COVID-19 pandemic on economic security
Georgia remains on track for another budget surplus, even after the state’s tax revenues fell
Over the past 30 years, as Georgia’s population has grown, public schools in most districts
The Georgia Budget & Policy Institute works to advance lasting solutions that expand economic opportunity and well-being for all Georgians.
Georgia Budget & Policy Institute
