Georgia Lawmakers to Vote on Tax Code

By: Gabrielle Sarann Email
By: Gabrielle Sarann Email

Known as House Bill 387, the proposal would lower the income tax rate from 6 percent to 4.5 percent for Georgians.

Among other changes, it would give tax breaks to agriculture and manufacturers, tax the private sales of cars and would mean getting back less from itemized deductions.

Some lawmakers say it would attract big business to Georgia. Others counter that it'd be a blow to the middle class.

Charles Alexander, of Valdosta, hopes it passes."I am for it because it brings more big business to the state of Georgia," he said. "It brings more jobs to the state of Georgia, more employment for the state of Georgia," he added.

Other Georgians, like Aaron Strickland, of Valdosta, are weary that it'd hurt the middle class. "Big business gets enough breaks as it is. Yeah, I think more breaks need to be given to individuals than big companies."

Lawmakers are tweaking the bill and making last minute changes. It could hit the House floor at any time.

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  • by William Location: Valdosta on Mar 31, 2011 at 06:57 AM
    Being a former tax preparer most of my clients didn't itemize their deductions, they only took the standard deduction. If this bill can bring more jobs and lower Georgia's unemployment rate I'm all for it. Of course with any bill being passed there are always "add-ons". I hope there can be some type of comprimise so the negatives of this bill won't outweigh the positives. I understand both sides given by Charles and Aaron.
  • by Kelly Location: Thomasville on Mar 30, 2011 at 05:22 PM
    Read the whole bill....It would reduce from 6 to 4.5% but it takes AWAY all deductions...most Georgians will end up paying MORE in state taxes!!!!
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