An Economic Analysis of Georgia’s Tax Cut Proposals
April 3, 2008
The Georgia legislature is currently facing the question of which taxes, if any, should be cut. Arguments have been put forth in favor of cutting income taxes, the personal property tax on cars, and even cutting income taxes for senior citizens only. Each side argues that its tax cut would be best for Georgia’s economy going forward. Also on the table is a plan to enact a ceiling on spending growth in the Peach State.
A new Tax Foundation Fiscal Fact, “An Economic Analysis of Georgia’s Tax Cut Proposals,” by senior economist Gerald Prante, analyzes the two proposals favored by the House and Senate.