Budget and Taxes Reports Wesley Tharpe Georgia State Budget Overview for Fiscal Year 2018 July 12, 2017 / January 16, 2020 by Wesley Tharpe Budget Basics Georgia’s 2018 fiscal year runs July 1, 2017 through June 30, 2018 and the total budget available to the state is $45.2 billion. That includes $25 billion in state funding, $13.9 billion in federal funding and $6.4 billion in other funds. The state budget outlines Georgia’s priorities, how it plans to spend money […] Read more » Budget Budget & Taxes economy Income Tax State Budget tax breaks
Budget and Taxes Reports Wesley Tharpe Legislators Approve Isolated Tax Breaks, Defer Broad Tax Changes April 12, 2017 / January 16, 2020 by Wesley Tharpe Adding Up the Fiscal Notes: Sine Die 2017 Gov. Nathan Deal is set to consider a grab bag of tax revisions approved by state legislators before the end of the 2017 legislative session. At least 10 tax bills with potential to reduce state revenues cleared both the House and Senate and now await action by […] Read more » Income Tax revenue tax breaks
Budget and Taxes Fact Sheets Wesley Tharpe Five Ways to Deliver Georgians a Win on Tax Reform March 28, 2017 / January 16, 2020 by Wesley Tharpe Georgia House and Senate members are set to consider the final version of House Bill 329, a multipart income tax package that could spell big changes for families, businesses and the state’s finances. Below are five core policy points to inform discussions in the 2017 Legislature’s closing days over what makes the cut and what […] Read more » Income Tax tax breaks
GBPI In The News Income tax among number of proposals reworked by Georgia Senate panel March 24, 2017 / January 15, 2020 by GBPI Admin A key Senate committee completed a two-day taxapalooza Wednesday by voting to cut the top state income tax rate, clarify that e-retailers must collect sales taxes for online purchases by Georgians, and eliminate sales taxes on taxi and limo rides. Read the full article on The Atlanta Journal-Constitution. Read more » Income Tax Legislature Wesley Tharpe
Blog Budget and Taxes Wesley Tharpe Reshuffling Income Tax Rates is a Faulty Economic Formula March 21, 2017 / January 15, 2020 by Wesley Tharpe State legislators are considering a package of income tax changes in the final days of the 2017 session that could lead to major changes for families, businesses and the state’s financial health. The headline-grabbing core of House Bill 329 is to swap Georgia’s longstanding graduated tax structure with rates ranging from 1 to 6 percent […] Read more » Income Tax tax breaks
Budget and Taxes Reports Wesley Tharpe Lawmakers Debating Big Bucks after Several Tax Bills Pass House March 13, 2017 / January 15, 2020 by Wesley Tharpe | 2 Comments on Lawmakers Debating Big Bucks after Several Tax Bills Pass House Adding Up the Fiscal Notes: Crossover Day 2017 Each year, the Georgia Budget and Policy Institute examines tax bills considered by the state Legislature and tallies potential costs as part of our two-part Adding Up the Fiscal Notes series. This analysis is a snapshot of the legislative state of affairs as of March 14, 2017. […] Read more » Adding Up the Fiscal Notes Income Tax
Budget and Taxes Reports Wesley Tharpe Targeted Fix to Income Tax Package Can Deliver Georgians a Win March 8, 2017 / January 15, 2020 by Wesley Tharpe Analysis of potential revision to House Bill 329 (LC 43 0601S) Georgia lawmakers are considering a large income tax proposal with three sound tax policy reforms alongside one serious shortcoming. On the plus side, the current bill proposes to boost families with a new Georgia Earned Income Tax Credit (EITC), close an outdated loophole and […] Read more » Income Tax tax breaks
Budget and Taxes Fact Sheets Wesley Tharpe Fact Sheet: Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 28, 2017 / January 15, 2020 by Wesley Tharpe Analysis of Substitute Version of House Bill 329 (LC 43 0601S) Updated March 8, 2017 Georgia lawmakers are considering a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill including a new Georgia Earned Income Tax Credit (EITC) and modest increases to […] Read more » Income Tax revenue tax breaks
Budget and Taxes Reports Wesley Tharpe Income Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 21, 2017 / January 15, 2020 by Wesley Tharpe Bill Analysis: House Bill 329 (LC 43 0564) – Updated February 27, 2017 Members of the Georgia House are set to consider a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill offer benefits to working class Georgia families, while others could […] Read more » EITC Income Tax revenue tax breaks
Budget and Taxes Fact Sheets Wesley Tharpe Worker Justice Georgia Work Credit an Ambitious Yet Affordable Investment September 20, 2016 / January 17, 2020 by Wesley Tharpe Updated Dec. 2016 Georgia is missing out on a time-tested tool that helps hardworking families, boosts small businesses and strengthens local economies. Twenty-six states and the District of Columbia give a critical boost to families that work but struggle to make ends meet through a state Earned Income Tax Credit (EITC). For full details on […] Read more » EITC Income Tax
