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
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
GBPI Policy Analyst Wesley Tharpe is quoted by Amy Hamilton of taxanalysts.com on HB 718. Download full article.
GBPI Executive Director Alan Essig is quoted in the Macon Telegraph on House Bill 718. Read full article.
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
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