With a vote looming on an Illinois bill (HB 689) that would impose a graduated income tax with a top rate of 11.25 percent on pass-through businesses (previous coverage here and here), the Illinois Department of Revenue...
- The Tax Policy Blog
- Atlanta Voters Reject 1-Percent Transportation Sales Tax
Atlanta Voters Reject 1-Percent Transportation Sales Tax
Voters across Georgia yesterday went to the polls to decide whether to adopt a Transportation Special Purpose Local Option Sales Tax (T-SPLOST). The state was divided into 12 multicounty regions, and voters defeated the tax in nine of them.
The most closely watched T-SPLOST was in Atlanta, where it would have imposed a 1 percent sales tax increase for ten years. The $6.1 billion it would raise would have funded 157 different transportation projects, ranging from new interstate highway construction, extending a line of the MARTA rapid transit system, and improving roads. The project list was about half roads, half transit. Only 37 percent voted in favor of the Atlanta T-SPLOST.
Voters seemed to balk at the long list of projects (one legislator derided much of it as pork that would have no impact on commutes) without a key attention-getting project, the vagueness of some of the items, and the sense that other areas would benefit more.
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