Critics Blast New Version of GA Tax Proposal

By: Associated Press
By: Associated Press

Atlanta, GA (AP) - As Republicans scramble to rework the plan to
overhaul the state's tax code, critics say the latest version leaves a $220 million hole in the budget -- creating more problems than it would solve.

The bill incorporates pieces of a proposal offered by the tax council created last year by the Legislature. The original plan was touted as revenue-neutral, but concerns were raised last week that the measure could hurt the middle class. The new plan would extend a lump-sum deduction to earners with federally adjusted gross incomes of $80,000 for single filers and $160,000 for joint filers.

Critics say the Legislature should hold off on doing anything this year, since lawmakers aren't required to act on the measure until April 2012, the end of the current two-year session.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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  • by Why are we not surprised? Location: Florida on Apr 8, 2011 at 07:02 AM
    GA lawmakers must have gotten the memo to hurt middle class just like the FL lawmakers and CEO Scott have done. Grosely robbing from the middle-class and the poor and giving to the rich is the new norm all over our country. When there is nothing left to take from our middle-class, they will become the poverty stricken class, and the poor simply die off quicker. Then the greedy rich will turn and pick each other off. America has gone back to 15th century Medievil Federalism setting up kings & lords, that enslave lowly serfs and peasants. These barbaric laws that promote survival of the rich & fittest is no different from Natzi Hilter's expermination of mankind. Nothing to be proud of here.
  • by such a depressing country Location: money ville on Apr 8, 2011 at 01:11 AM
    do the crooks have the americans trained or what?
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