April 22, 2010

Pending Georgia Tax Changes Would Redistribute Income From the Poorest Families to the Rich


In the 2010 legislative session, Georgia lawmakers have ratified, or are poised to ratify, a set of tax changes which would dramatically reshape the fairness of the state’s tax system. A new ITEP analysis shows that these changes would increase the taxes paid by the poorest ninety five percent of Georgians, while cutting taxes for the best-off five percent. The analysis also shows that the current tax system actually redistributes income from below-poverty families to the best-off Georgians—and that likely 2010 tax changes would worsen this inequity.

Read the Full Report (PDF)