Taxes Issues
May 23, 2013 JTaxes
Georgia’s track record as a low-tax, pro-business, pro-growth state is absolute. However, the state has been unable to enact an important threshold – elimination or at least a sizable reduction in the 6 percent maximum personal income tax rate – and that prevents Georgia from being considered at the top of states that have low-tax, [...]
May 23, 2013 JTaxes
For the first time in a long time, the House Oversight Committee led by Rep. Darrell Issa of California with ranking minority member, Rep. Elijah Cummings of Maryland, are in “absolute bi-partisan outrage.” My friend, Jamie Dupree of Cox Radio’s Washington Bureau, made that statement. Dupree is not easily impressed by anything he sees in [...]
April 30, 2013 JTaxes
The Georgia Agriculture Tax Exemption program (GATE) rules were only released in January but the impact of the rollout is already having a positive impact on Georgia farmers. The program is an agricultural sales and use tax exemption certificate issued by the Department of Agriculture that identifies its user as a qualified farmer or agricultural [...]
April 15, 2013 JTaxes
Georgia is all about economic growth. But economic growth and economic freedom are not one and the same. Private investors have been calling for reforms to make Georgia more friendly toward capital formation for years now, the venture capital and angel investment that is key to fueling Georgia’s growing entrepreneurial community. So one has to [...]
February 18, 2013 JBudget & Spending, Taxes
County governments, municipal governments, and boards of education love SPLOSTs -Special Purpose Local Option Sales Tax. Taxpayers vote on whether or not to impose the extra sales tax and it must be proposed for a specific list of projects, which can include particular educational facilities, infrastructure improvements, public service improvements, etc. The biggest catch in [...]