February 15, 2018

The Augusta Chronicle: Georgia Governor Nathan Deal wants to slash state tax windfall

media mention

It is difficult to quantify how much the average taxpayer would be affected under current law. A middle income family in Georgia — making between $40,000 and $62,000 annually — could see its federal tax burden decrease by about $600 annually, according to an analysis from the left-leaning Institute on Taxation and Economic Policy in Washington. At the same time, that family would likely see its state tax burden increase by about one-eighth of the amount its federal bill decreases, said Wesley Tharpe, a research director at the left-leaning Georgia Budget and Policy Institute. Read more