Blog Budget and Taxes Wesley Tharpe Worker Justice Tax Break Scheme Aimed at Rural Jobs Offers Georgia a Poor Return on Investment April 18, 2017 / January 15, 2020 by Wesley Tharpe Among the bills now awaiting signature or veto by Gov. Nathan Deal is a complicated new tax break that promises a windfall to some well-connected financial firms and little to no benefit to rural communities it promises to help. Senate Bill 133, called the Georgia Agribusiness and Rural Jobs Act, narrowly passed the state Senate […] Read more » CAPCO tax breaks
Blog Wesley Tharpe Worker Justice HB 718: Well-intentioned, well-designed, and must be paid for January 26, 2012 / January 17, 2020 by Wesley Tharpe Earlier this month, GBPI released a report evaluating a tax credit proposal called CAPCO that nearly passed the Georgia legislature last year. A poorly-designed piece of “model legislation” with a dismal track record in other states, CAPCO thankfully seems to have lost momentum. Although despite the fact the Senate voted down CAPCO this week, it […] Read more » Blog CAPCO HB 718 House Bill 718 State Budget Wesley Tharpe
GBPI In The News Georgia Lawmaker Introduces Bill to Create Venture Capital Fund January 25, 2012 / January 17, 2020 by GBPI Admin GBPI Policy Analyst Wesley Tharpe is quoted by Amy Hamilton of taxanalysts.com on HB 718. Download full article. Read more » Amy Hamilton CAPCO HB 718 House Bill 718 Wesley Tharpe
GBPI In The News Georgia moves closer to venture capital investments January 25, 2012 / January 17, 2020 by GBPI Admin | 2 Comments on Georgia moves closer to venture capital investments GBPI Executive Director Alan Essig is quoted in the Macon Telegraph on House Bill 718. Read full article. Read more » Alan Essig CAPCO HB 718 House Bill 718 Macon Telegraph Maggie Lee
Press Press Releases & Statements New GBPI Report – CAPCO: A Bad Investment for Georgia January 10, 2012 / January 16, 2020 by GBPI Admin For Immediate Release ATLANTA (January 10, 2012) – According to the new report, CAPCO: a Bad Investment for Georgia, released today by the Georgia Budget and Policy Institute (GBPI), dismissing CAPCO is a necessary first step toward developing reasonable “venture capital policy” in Georgia. Many Georgia policymakers and business leaders contend the state has a […] Read more » CAPCO Press Release State Taxes Wesley Tharpe
Featured Library Policy Areas Reports Wesley Tharpe Worker Justice CAPCO: A Bad Investment for Georgia January 10, 2012 / January 16, 2020 by Wesley Tharpe | 4 Comments on CAPCO: A Bad Investment for Georgia Many Georgia policymakers and business leaders contend the state has a shortage of venture capital, a form of business financing that helps fund early stage companies. To remedy this problem, some Georgia leaders are considering CAPCO legislation, an expensive tax credit program advertised as a jobs and economic development bill. Georgia’s CAPCO proposal – sometimes […] Read more » Alan Essig CAPCO Georgia Small Business Investment Company Act Report Senate Bill 203 State Taxes Wesley Tharpe