Budget and Taxes Reports Wesley Tharpe Lawmakers Slash Income Taxes, Approve Miscellaneous Tax Changes May 15, 2018 / May 19, 2020 by Wesley Tharpe Adding Up the Fiscal Notes: Session Recap 2018 Georgia legislators and Gov. Nathan Deal approved 11 tax measures during the 2018 legislative session that will affect state revenues in coming years. Ten bills with immediate revenue implications will cost an estimated $862 million over the next five years, compared to Georgia’s past collections. This cost […] Read more » Budget & Taxes general-assembly HB 918 Income Tax Legislature Sales Tax tax breaks
Blog Budget and Taxes Higher Education John McCosh K-12 Education Crossover Day Delivers Mixed Bag for Education, Tax Policy March 1, 2018 / January 14, 2020 by John McCosh Legislation to allow the use of state money for private schools stalled on Crossover Day 2018, while a proposal to give students more time to qualify as HOPE scholars also now faces a more convoluted path to passage. Meanwhile, a risky tax cut package designed to reduce Georgia revenues by $1.4 billion once fully phased […] Read more » Budget & Taxes Crossover Day Education Georgia General Assembly HB 482 HB 918 HB 928 Higher Education HOPE Scholarship K-12 Legislature private schools State Taxes
Blog Claire Suggs K-12 Education Time for Lawmakers to Choose Students Over Tax Cuts February 26, 2018 / January 14, 2020 by Claire Suggs Lawmakers are racing to pass a risky tax package that drains $1.4 billion a year from the state treasury once fully implemented. A better choice is to hit the pause button and send school districts the full amount of money the state’s own K-12 funding formula calculates they should get. The General Assembly is underfunding […] Read more » Budget Budget & Taxes Education education-funding funding-formula HB 918 K-12 public-schools tax cuts
Budget and Taxes Reports Wesley Tharpe Lawmakers Might Come to Regret Georgia’s Risky Tax Plan February 22, 2018 / January 14, 2020 by Wesley Tharpe | 1 Comment on Lawmakers Might Come to Regret Georgia’s Risky Tax Plan Bill Analysis: House Bill 918 Substitute (LC 34 5383-ECS); Feb. 22, 2018 Georgia leaders are now rushing a massive tax package through the state’s General Assembly with limited debate and without a clear tally of the plan’s true cost. Gov. Nathan Deal and legislative leaders introduced a revised tax package Feb. 20, 2018, designed to […] Read more » Budget & Taxes general-assembly Gov. Nathan Deal HB 918 Income Tax State Budget State Taxes tax cuts taxes
Budget and Taxes Wesley Tharpe Governor’s Tax Plan Carries $1 Billion Price February 14, 2018 / January 14, 2020 by Wesley Tharpe | 1 Comment on Governor’s Tax Plan Carries $1 Billion Price – GBPI press statement issued Feb. 20 in response to governor’s revised tax cut plan introduced earlier that day: “Gov. Nathan Deal’s rushed tax cut plan is worrisome because slashing the income tax rate holds the potential for unintended consequences. Nobody knows what the effect of December’s federal tax cuts will be on Georgia next year […] Read more » Budget Budget & Taxes general-assembly Gov. Nathan Deal HB 918 revenues State Budget State Taxes