Georgia Budget and Policy Institute: Reducing Exemptions is Good Tax Reform – But Taxing Groceries is Highly Regressive
ITEP Work in ActionAll exemptions, credits, and deductions should be examined and weighed against each other and against the principles of tax reform. The grocery exemption, in particular, increases equity and should be weighed against other tax breaks with an equity lens. Eliminating the deduction for state income taxes offers an alternative worth considering.