Institute on Taxation and Economic Policy

Georgia

Georgia Budget & Policy Institute: From Barriers to Bridges: How Fines and Fees Reform Can Help Boost Economic Security

December 22, 2024

Excessive local government reliance on fines and fees is tied to persistent barriers to economic security. Policies that lift these barriers could open gateways for more Georgians to achieve workforce mobility free from criminal legal system entanglement. Read more.

Georgia Budget and Policy Institute: New Tax Plan Risks State’s Long-Term Fiscal Health, Worsens Income and Racial Inequities

May 27, 2022

House Bill 1437, signed into law by Gov. Kemp after a final version emerged during the last hours of Sine Die 2022, sets Georgia on course to make fundamental changes to its income tax that primarily benefit the state’s highest earners at an annual cost greater than $2 billion when fully implemented. Beyond adding to […]

Georgia Budget and Policy Institute: House Proposes Massive Tax Cuts for Wealthiest, Slashing State Revenues

March 14, 2022

Members of the Georgia General Assembly are considering legislation that would fundamentally change the structure of the tax code and result in disproportionately large tax cuts for the wealthiest while hundreds of thousands of families would see tax increases or few benefits. This is due to the package’s proposed flat personal income tax rate and […]

Georgia Budget and Policy Institute: How Georgia’s Tax Code Contributes to Racial and Economic Inequality

October 6, 2021

Today, state and local taxes consume a greater share of income earned by Georgians in poverty—who are more likely to be people of color—while the richest pay a far lower share of their income in taxes. As such, Georgians who are among the bottom 20 percent of income earners, those who make less than $20,000 […]

Georgia Budget & Policy Institute: Georgia Tax Breaks Don’t Deliver

February 26, 2021

In addition to eroding the corporate income tax base and harming the state budget, in many cases, the state’s tax credit programs represent the transfer of Georgia taxpayer dollars to large out-of-state corporations and top income earners. Granting funds to corporations in this manner leaves less funding for schools, job training and health care programs […]

GBPI: Implement Immigrant-Inclusive Policies During the COVID-19 Crisis

April 15, 2020

Immigrants represent one in 10 Georgians and are critical to Georgia’s economy, with 31 percent of main street businesses owned by foreign-born Georgians and undocumented Georgians contributing $352 million in state and local taxes in 2017. Immigrants are key leaders in our communities and contribute to the state’s cultural and linguistic diversity. During this public […]

GBPI: Georgia Leaders Face Choice Between Tax Cuts for High Income Earners and Funding Key State Priorities

February 12, 2020

Twelve days into the 2020 session of the Georgia General Assembly, legislators voted to take a week-long break from regular business to allow extra time for deliberations over Georgia’s fiscal priorities and annual appropriations bills. State leaders continue to express concerns over Gov. Kemp’s executive budget proposals, which include the first mandatory agency budget cuts […]

Georgia Budget & Policy Institute: The Tax Cuts and Jobs Act in Georgia: High Income Households Receive Greatest Benefits

August 12, 2019

This report offers the first comprehensive look at how the Tax Cuts and Jobs Act of 2017 (TCJA), in combination with Georgia’s enacted response, will impact the state budget and families at every level of income from 2020–2025. In partnership with Step Up Savannah and the Institute on Taxation and Economic Policy (ITEP), a case […]

Georgia Budget and Policy Institute: Georgia Work Credit Grows the Middle Class

March 5, 2019

A non-refundable Georgia Work Credit would cut state taxes for more than 700,000 lower and middle-income households by up to $475. The Institute on Taxation and Economic Policy estimates that adopting this policy would be equivalent to investing $130 million annually in Georgia families. Read more here