A leader in the state Senate is sponsoring two amendments to the state constitution that would alter Georgia's tax policy. Duluth Senator David Shafer wants to shift Georgia from an income tax to a sales tax. John Hopkins University sociologist Katherine Newman says the regressive sales tax creates lower wage jobs and denies employers skilled labor.
Conservative thinkers gathered in Atlanta Friday to discuss ways to solve Georgia’s economic challenges. Some ideas presented at the Georgia Public Policy Foundation conference will likely reappear as part of proposed legislation when the Republican-controlled General Assembly convenes in January.
A study shows that Georgia could have long-term budget troubles, called a “structural deficit”. That term is used in a recent Georgia State University study on the health of the state’s budget. The authors of the report say Georgia’s current income through taxes and fees is not enough to support state services like schools and health care for the poor into the future. Therefore their term of “structural deficit”.