Georgia foregoes billions of dollars in state revenue each year through dozens of credits, deductions and other special preferences called tax expenditures. As with spending items in the state’s annual budget, tax expenditures are supposed to promote policy priorities that can range from economic development to support for working families. But while the budget sets public objectives by spending state dollars the treasury collects, tax expenditures advance objectives by not collecting taxes in the first place. Stronger evaluation of tax breaks could help Georgia get a better bang for its buck. Download the fact sheet.
When the state announced earlier this month that it was sitting on a mountain of tax