Institute on Taxation and Economic Policy (ITEP)

Georgia

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A Federal Gas Tax for the Future

September 23, 2013 • By Carl Davis

Gas tax revenues are on an unsustainable course. Over the last five years, Congress has transferred more than $53 billion from the general fund to the transportation fund in order to compensate for lagging gas tax revenues. By 2015, the transportation fund will be insolvent unless an additional $15 billion transfer is made. Larger transfers will be needed in subsequent years.

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State Tax Codes As Poverty Fighting Tools

September 19, 2013 • By Meg Wiehe

New Census Bureau data released this month show that the share of Americans living in poverty remains high, despite other signs of economic recovery. The national 2012 poverty rate of 15 percent is essentially unchanged since 2010 , but still 2.5 percentage points higher than pre-recession levels. This means that in 2012, 46.5 million, or about 1 in 6 Americans, lived in poverty.1 The poverty rate in most states also held steady with five states experiencing an increase in either the number or share of residents living in poverty while only two states saw a decline.2

Georgia Budget & Policy Institute: Tax Shift Plans Threaten Georgia’s Future

August 12, 2013

Despite support from powerful out-of-state interests, tax shift plans are misguided roadmaps for change. Georgia’s lawmakers should ignore the siren’s call and firmly reject the fringe, copycat idea during its likely appearance in the 2014 legislative session that begins in January. Read the Full Report (PDF)

KHAS TV: Nebraska Tax Committee reviews policy

August 7, 2013

The Nebraska Tax Committee continued their 6-month review of tax policy Tuesday. Some senators feel the state could be on the verge of major reform.

Jackson Clarion Ledger: A Mississippi sales-tax holiday primer

July 26, 2013

(Original Post) If you’re looking to save money on many kinds of clothing and footwear – but not school supplies – then the next two days are for you. Friday and Saturday will mark this year’s installment of Mississippi’s sales tax holiday, in which the state’s 7 percent sales tax will be generally waived on […]

Sales taxes are an important revenue source, comprising close to half of all state revenues in 2012. But sales taxes are also inherently regressive because the lower a family's income, the more of its income the family must spend on things subject to the tax.

McClatchy-Tribune: States expand sales tax holidays beyond back-to-school items

July 22, 2013

  Many states with back-to-school sales tax “holidays” are expanding them to cover almost any purchase, in addition to the usual kids’ clothing, shoes, books and school supplies. As schools and students replace ink and paper with pixels, some states are expanding their holidays to cover sales taxes on low-cost computers and tablets. These electronics […]

Georgia Budget & Policy Institute: Immigration Reform Would Bolster Georgia’s Strained Finances

July 10, 2013

Georgia would gain nearly $100 million in state and local tax revenue each year if Congress allows undocumented immigrants now living in the United States to work here legally, according to a new report from the Institute on Taxation and Economic Policy (ITEP). Comprehensive immigration reform is under debate in Washington and passing a forward-looking […]

Stateline: States Expand Sales Tax Holidays Beyond Back-to-School Items

July 10, 2013

(Original Post)   By Elaine S. Povich, Staff Writer A crowd of about 100 line up outside of the Apple Store in the Saddle Creek shopping center in Germantown, Tenn., to get a head start on last year’s tax free weekend. (AP) Many states with back-to-school sales tax “holidays” are expanding them to cover almost […]

Gulf Coast News Today: We are conservative, Republican, religious

July 8, 2013

  Steve Flowers Inside the Statehouse A recent survey rated Alabama as the most conservative state in the Union. More than half of our residents describe themselves as politically conservative. The poll was done by the vaunted Princeton, New Jersey Gallup polling firm. Four of our sister states, Mississippi, South Carolina, Louisiana and Arkansas, also […]

The Philadelphia Inquirer: N.J. highways cost most, study says

July 8, 2013

(Original Post) By Paul Nussbaum, Inquirer Staff Writer POSTED: July 05, 2013 New Jersey’s roads may not be paved with gold, but they certainly are expensive. The state ranks highest in the nation in the cost of maintaining its roads, spending almost twice as much per mile as the number-two state, California, according to a […]

MSN Money: 8 states where the gas tax just went up

July 3, 2013

(Original Post) From Connecticut to Wyoming, lawmakers are turning to these hikes to fund long overdue road and infrastructure projects. By Bruce Kennedy It’s the summer driving season, and while gas prices traditionally rise this time of year, they’ve been falling of late. But July 1 was the start of a new fiscal year for […]

CNN Money: Just in Time for the Holiday, 8 States Raise Gas Taxes

July 2, 2013

(Original Post) POSTED BY RYAN HOLEYWELL | JULY 1, 2013 Drivers hitting the road for the Independence Day holiday will encounter higher gas taxes in eight states, according to data compiled by Citizens For Tax Justice. While the changes could frustrate drivers — if they notice the slight hikes — there’s a silver lining: many […]

Triangle Business Journal: N.C. gas tax rises to 37.6 cents a gallon

July 1, 2013

(Original Post)  Jul 1, 2013, 3:57pm EDT Logistics & Transportation Chris Bagley Staff Writer- Triangle Business Journal North Carolina increased its motor fuels tax to its second-highest level in history on Monday. The increase was small, just one-tenth of a cent per gallon, but the 37.6-cents-per-gallon level is second only to the 38.9 cents per […]

The Barre Montpelier Times Argus: Kids count

June 28, 2013

  June 28,2013 Once again Vermont finished high in the ranking of children’s well-being released earlier this week by the Annie E. Casey Foundation. The foundation’s Kids Count survey of the states measures children’s well-being in 16 categories relating to economic well-being, health, education and family and community. These include categories such as the number […]

San Antonio Express: Internet racket: Nat’l providers reap obscene profits

May 17, 2013

(Original Post) By Timothy Karr, Guest CommentaryPublished 1:22 pm, Wednesday, May 15, 2013 Is your Internet bill too high? You can thank the phone and cable companies for that. Today, high-speed broadband services offered by these national carriers cost more than $500 a year and even more when customers are forced to bundle Internet access […]

Chattanooga Times Free Press: Some lawmakers say they may kill Georgia’s income tax next year, but there would be a cost

May 6, 2013

(Original Post) published Sunday, May 5th, 2013 by Tim Omarzu A group of Republican lawmakers in Atlanta wants to do away with Georgia’s 6 percent income tax and replace it — mainly by increasing taxes on sales and services. State Rep. Tom Kirby, R-Loganville, set the stage for what could be a sweeping change to […]

Winston-Salem Journal: Lights, camera … and a $69 million N.C. rebate to movie industry

May 2, 2013

(Original Post) Posted: Thursday, May 2, 2013 8:13 am J. Andrew Curliss/News & Observer State leaders blamed each other in October 2011 after Continental Tire chose South Carolina for a large new factory that will employ 1,600 workers. The biggest hang-up, according to documents and state officials, was $45 million in taxpayer money the tire […]

The Star-Ledger: Putting up a fight with the internet racket

May 2, 2013

(Original Post) By Star-Ledger Guest Columniston May 02, 2013 at 7:16 AM By Timothy Karr Is your internet bill too high? You can thank the phone and cable companies for that. Today, high-speed broadband services offered by these national carriers cost more than $500 a year and even more when customers are forced to bundle […]

Governing: The Risks of Relying on User Fees

March 29, 2013

(Original Post) In the past three years, states and cities have brought in billions of dollars in additional user fees. But there are pitfalls to this form of revenue boost. BY: Katherine Barrett & Richard Greene | April 2013 The political debate that pits the desire to generate new revenues against the drive to cut […]

The Atlanta Journal Constitution: Bill would hinder Georgia’s future

March 18, 2013

(Original Post) Posted: 6:02 p.m. Sunday, March 17, 2013  By Jay Bookman The Atlanta Journal-Constitution If you want to pay higher taxes, state Sen. David Shafer, the Senate president pro tem from Gwinnett County, has just the plan for you. He has proposed two amendments to the state constitution that, if approved by voters, would […]

The Atlanta Journal Constitution: Jay Bookman Ga. ‘tax reform’ will mean big tax hike for many

March 15, 2013

7:54 am March 15, 2013, by Jay If you want to pay higher taxes, state Sen. David Shafer, the Senate president pro tem from Gwinnett County, has just the plan for you. He has proposed two amendments to the state constitution that, if approved by voters, would lead to significantly higher taxes on the vast […]

The Daily Kos: Republican tax shifters wrong about states with no income taxes performing better

March 1, 2013

(Original Post) Meteor Blades for Daily Kos Economics Across the South and Midwest—in Georgia, Oklahoma, North Carolina, Louisiana, Indiana, Kansas and elsewhere—Republican-dominated states seek to eliminate income taxes and replace part of them with regressive sales taxes. Thus would be the tax burden be shifted to people in the lower earning tiers of the economy […]

Georgia Budget and Policy Institute: Menu of Revenue Options to Pave Way for Georgia’s Rebound

January 28, 2013

Georgia is one of the most under-funded states in the country, but state lawmakers can remedy structural budget shortfalls by implementing revenue options used successfully by other states. Annual deep cuts in state funding the past five years means fewer teachers in Georgia’s classrooms, roads and bridges that continue to crumble and an unappealing environment […]

Georgia Budget and Policy Institute: Fact Sheet: Capital Gains Tax Breaks

January 14, 2013

Capital gains tax preferences are costly, inequitable, and ineffective. They deprive states of millions of dollars in needed funds, benefit almost exclusively the very wealthiest members of society, and fail to promote economic growth in the manner their proponents claim. Read the Full Report (PDF)