State legislators are likely to consider large-scale changes to Georgia’s tax system when they return to work in January 2016, and some ideas they’re poised to debate threaten serious harm to Georgia families and the state’s ability to maintain a strong economy and high quality of life. Read the full report.
One prominent proposal is to reduce Georgia’s personal and corporate income taxes and replace the lost revenue with a higher sales tax rate and the return of state sales taxes on groceries. This approach is similar to tax plans enacted in Kansas and North Carolina in recent years, also known as a tax shift. The tax shift approach carries a proven track record of transferring the cost of government more onto low-wage workers and the middle class, while jeopardizing state support for education, public safety and other core services. Read the report to learn more about the serious risks from such a plan.