Institute on Taxation and Economic Policy

November 17, 2025

Georgia Budget and Policy Institute: Breaking the Bank: Eliminating the State Income Tax Harms Most Georgians and Increases the Cost of Living

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Eliminating Georgia’s income tax would represent the largest transfer of wealth from working and middle-class families to high income individuals and corporations in state history. Doing so would dramatically push Georgia’s budget out of balance, given that the income tax has been the state’s single largest source of revenue since 1982.

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Quoted Staff Member