Gov. Nathan Deal has announced Georgia collected $1.41 billion in net tax revenue last month. The figure represents a 6.7 percent increase compared with July 2012. In a statement, Deal said Monday that the percentage increase translates to about $88.5 million in additional tax revenue compared with July 2012.
It could be one of the most important recommendations the General Assembly gets next year -- how to re-write Georgia's tax code. As the state faces a growing budget crisis, state lawmakers are traveling the state to hear from Georgians how the tax code should be revised to keep the state business-friendly while also possibly ending tax breaks in a bid to prop up the budget.