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
GBPI In The News Gov. Deal and top Republicans back plan to reduce Georgia tax bounty February 21, 2018 / January 14, 2020 by GBPI Admin Gov. Nathan Deal and top Republicans in the Legislature announced Tuesday they want to lower income tax rates for individuals and corporations in Georgia. It’s part of a plan to cut into the estimated $4.7 billion state budget windfall over the next five years, resulting from the new federal tax law. Read the full article […] Read more » Budget & Taxes State Taxes Wesley Tharpe
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
GBPI In The News Georgia governor wants to slash state tax windfall February 13, 2018 / January 14, 2020 by GBPI Admin ATLANTA — When Congress overhauled the federal tax code two months ago, Georgia officials didn’t initially realize how much extra money taxpayers would be giving the state. Now, with the governor’s office estimating that Georgians will pay an additional $4.7 billion in state taxes cumulatively over the next five years, lawmakers are debating what to […] Read more » Income Tax State Taxes Wesley Tharpe
Blog Budget and Taxes Higher Education Wesley Tharpe Five Things Georgians Should Know About This Week’s Federal Tax Vote November 28, 2017 / January 14, 2020 by Wesley Tharpe The U.S. Senate is set to vote as soon as this Thursday on a major tax package that poses serious risks to regular Georgia families and the state’s future prosperity. Bottom line, like its House counterpart, the current plan includes a massive corporate tax cut, a big new loophole for wealthy investors, a dramatic expansion […] Read more » Budget & Taxes health Higher Education State Taxes tax breaks tax cuts Wesley Tharpe
Budget and Taxes Reports Wesley Tharpe A Bottom-Up Tax Cut to Build Georgia’s Middle Class November 3, 2017 / January 14, 2020 by Wesley Tharpe A Georgia Work Credit would give a bottom-up tax cut to more than a million working families in Georgia, providing lifelong benefits for children and boosting local economies. Read more » EITC Georgia Work Credit State Taxes Wesley Tharpe
Blog Budget and Taxes Taifa Smith Butler Georgia’s Revenue Increase Trails Needs of Growing Population August 10, 2017 / January 14, 2020 by Taifa Smith Butler For most Georgians July 1, 2017 was just another steamy summer day in the south. For state lawmakers and agency leaders, it marked the beginning of a new year, the annual restart of operating plans to track budget expenses against carefully prepared plans. Meanwhile, department heads close the books on the state’s 2017 fiscal year […] Read more » Budget Budget & Taxes State Budget State Taxes tax breaks
GBPI In The News In some states, sales tax holidays lose luster August 4, 2017 / January 14, 2020 by GBPI Admin Consumers in 16 states can take advantage of sales tax holidays this year — going on frenzied shopping sprees to buy items such as backpacks, computers and school clothes tax-free. But states confronting budget woes and a long list of spending priorities are questioning whether the hyped-up shopping events are worth the cost. Read the […] Read more » Budget State Taxes Wesley Tharpe
Blog Budget and Taxes Wesley Tharpe This Year’s Flurry of Tax Breaks Highlights Need for Better Process May 19, 2017 / January 14, 2020 by Wesley Tharpe Georgia is falling behind the majority of states including several of its Southeast neighbors when it comes to making sure tax breaks deliver taxpayers a good return on investment. Twenty-seven states plus the District of Columbia now maintain policies that subject business tax breaks and other economic development subsidies to some sort of objective review […] Read more » Budget & Taxes Governor Deal State Taxes tax breaks Wesley Tharpe
GBPI In The News Film tax credits focus on rural Georgia April 29, 2017 / March 15, 2021 by GBPI Admin State lawmakers want to send more film work to the rural corners of the state. A measure expanding tax credits for the film industry sweetens a new perk for post-production work, awarding an additional tax break for work done in the state’s poorer and less developed counties. Gov. Nathan Deal signed the bill into law […] Read more » State Taxes tax breaks
