State legislative leaders on Thursday proposed lowering the income tax rate and leaving groceries untaxed. During a special committee meeting, lawmakers endorsed some recommendations from a tax reform council but rejected others.
Lawmakers will consider reinstating the grocery tax this session. It’s perhaps the most controversial part of a broad plan to overhaul the tax code. Two legislators discussing the plan at recent luncheon on the state budget crisis provide a glimpse of what’s to come when lawmakers take up the issue this year.
The Special Council on Tax Reform and Fairness says groceries should be taxed again along with haircuts and cell phone use. But Georgia's AARP worries that seniors could be hit hardest if the reform package passes.
When the Georgia Council on Tax Reform and Fairness makes it’s recommendations next month, businesses will be likely winners and Consumers will bare a higher tax burden.That’s the signal sent by the council’s president AD Frazier.