Which Taxes Should Be Reduced Or Eliminated in Georgia?
by Bill Simon
On another thread on this blog, Donald proposed that state Republican legislators should look at reducing the state income tax as one of the primary initiatives for our controlling majority to accomplish:
“As a topic for general PV discussion, I’d like to suggest that we consider, and promote, an across-the-board cut in the Georgia state income tax’s top rate of 6% to, say, 5% or lower, along with significant reductions in lower tax brackets. I would also suggest the income level at which the top rate takes effect be raised from 20k to 40K in additional to indexing the standard deduction and personal exemptions for inflation in the same manner as the federal income tax. In an ideal tax reform bill, I would like to see a much flatter rate structure with two tax rates of 2 and 4%.
This Reagan-esque (We in the GOP could use a little inspiration from the master right now) tax reform policy would allow Georgians to keep more of their own money and would stimulate economic growth in the right way, rather than the wrong way of handing out corporate welfare and pork in the form of subsidies and special deals paid for by Georgia taxpayers.
I close by noting that the GOP can find its way back to a sound footing and its small-government, low-tax center by promoting tax reform and reduction in Georgia. I would be greatly pleased to see the Governor and the GOP General Assembly leadership spend a little more time and effort on reducing taxes and constraining the size of state government rather than concocting new ways to serve as the waterboy of the Atlanta Chamber of Commerce (Visions of the rotten “Let’s Steal Private Property and Give it to Developers†Senate Bill 5 dance through my head or touting government secrecy (House Bill 218) as a great way to jumpstart the economy.
At the very least, if Republicans aren’t promoting cutting taxes and constraining the growth of bloated government in Georgia, what good are we?”
Who wants to go first on Donald’s tax-cut idea?
