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News Articles: TAX CREDIT

A person plays a video game

Tagged as: 

  • Economy

Audit finds state’s video game tax credit a worthwhile investment

Georgia’s tax credit for video game developers is paying off for the state’s economy, according to an audit released this week.

December 23, 2022
|
By:
  • Dave Williams
In this Nov. 15, 2020, file photo Raphael Warnock, a Democratic candidate for the U.S. Senate, speaks during a campaign rally in Marietta, Ga. As the head of the Atlanta church where Martin Luther King Jr. preached, Warnock has not shied away from impassioned sermons and forceful advocacy on behalf of the poor and disadvantaged. The 51-year-old now wants to take that progressive platform to the U.S. Senate. He is running to unseat one of Georgia's Republican senators, Kelly L

Tagged as: 

  • News

U.S. Sen. Warnock: Electric car tax credit needs 'flexibility'

U.S. Sen. Raphael Warnock is urging the U.S. Treasury secretary to use "flexibility" in defining how automakers and consumers qualify for a revised tax credit for Americans buying electric vehicles.

September 23, 2022
|
By:
  • Associated Press
A Night of Georgia Music

Tagged as: 

  • Business

Georgia lawmakers expected to consider boosting music industry tax credits

Georgia’s film industry took off after the General Assembly significantly strengthened the state income tax credit for movie and TV productions in 2008. Now the music business is looking for similar treatment.

September 12, 2022
|
By:
  • Dave Williams
Electric vehicles are displayed at a news conference with White House Climate Adviser Gina McCarthy and Secretary of Transportation Pete Buttigieg in Washington, D.C., on April 22, 2021. The Biden administration's climate and health care bill passed by Congress last week revamps a tax credit for buyers of electric cars.

Tagged as: 

  • Business

You can get a $7,500 tax credit to buy an electric car, but it's really complicated

The Biden administration's climate and health care bill revamps the available tax credits for buyers of electric cars. Here's what to know about how they work.

August 22, 2022
|
By:
  • Arezou Rezvani
Film Slate

Tagged as: 

  • Business

Review finds Georgia film tax credit has improved oversight

The General Assembly passed legislation two years ago requiring all film productions located in Georgia to undergo mandatory audits by the state Department of Revenue or third-party auditors selected by the agency.

July 25, 2022
|
By:
  • Dave Williams
Teacher and students in classroom

Tagged as: 

  • Education

State awards teacher tax credits in hopes of recruiting more educators

Each teacher selected for the program will receive a $3,000 credit on their state income taxes each year for five consecutive school years.

June 23, 2022
|
By:
  • Dave Williams
Land in Cherokee County

Tagged as: 

  • Politics

Sporting goods tax program stirs debate over conservation priorities

This year’s crop of selected grantees under the Georgia Outdoor Stewardship program adds up to just over $28 million in state funds headed to 15 projects around the state, but the list has some conservationists questioning whether voters are really getting what they overwhelmingly backed at the ballot box four years ago.

April 14, 2022
|
By:
  • Ross Williams

Tagged as: 

  • Economy

A proposed Georgia work credit would help low-income families afford child care, basic necessities

House Bill 510 would create a state earned income tax credit and help moderate- and lower-income Georgians who often have to choose between working and caring for their families. 

March 03, 2022
|
By:
  • Ellen Eldridge
Police on motor cycles

Tagged as: 

  • Law

Georgia Senate committee endorses tax breaks for local police donations

Georgia senators are expected to vote soon on a bill endorsed by Lt. Gov. Geoff Duncan that would create a $100 million tax credit program to support police and other law enforcement agencies.

February 03, 2022
|
By:
  • Stanley Dunlap
classroom

Tagged as: 

  • Education

Some Georgia Tax Credit Scholarships Go To Anti-LGBTQ Schools

Since 2008, more than a half billion dollars has been diverted from state tax coffers to private schools through a tax credit program designed by lawmakers to promote school choice.

Unlike many other states with similar programs, Georgia does little to regulate the performance or practices of schools that receive tax-credit scholarships. Moreover, the schools are free from many of the restrictions imposed on public schools to prevent them from excluding gay and trans students, The Current has found.

December 04, 2020
|
By:
  • Samantha Sunne and
  • Donnell Suggs
Students in classroom

Tagged as: 

  • News

Georgia Scholarship Tax Credit Program: $600M Credit With Little Oversight

 In 2008 the Georgia Legislature created a program for taxpayers to fund private school scholarships, promising the measure would pressure low-performing public schools to improve, reduce local and state taxes and help lower-income children stuck in bad public schools.

    Since then, more than $600 million has been shifted from state coffers to elementary and high school scholarships at private schools around the state – including more than 40 in the Savannah area.

September 28, 2020
|
By:
  • Donnell Suggs and
  • Samantha Sunne
In this Tuesday, Nov. 6, 2018, file photo, Geoff Duncan, Republican candidate for Georgia lieutenant governor, arrives at an election-night watch party in Athens, Ga.

Report Raises Concerns About Georgia Hospital Tax Credit

A new report is raising concerns about a Georgia program that provides tax credits for donations to rural hospitals in the state that are struggling...

December 15, 2019
|
By:
  • Associated Press

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