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August 24, 2017

From GeorgiaPol: When Budget Facts Meet Campaign Rhetoric

Charlie Harper of 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

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