Charlie Harper of GeorgiaPol.com offers a dose of reality to some of the conversations around reforming our state's tax code.
Charlie Harper of GeorgiaPol.com offers a dose of reality to some of the conversations around reforming our state's tax code:
Yes, Georgia’s state income tax is among the highest in the Southeast. Our closest competitor and most similar state, North Carolina, has recently cut their state income tax rate to 5.49%. Georgia’s top rate is 6%.
There is no evidence that North Carolina has achieved a competitive advantage for this change. Quite the contrary. After North Carolina eliminated its film tax credit, they lost most of their movie and TV industry.
Take a look at his thoughts are here.
