Category: The Forum

“Right on Crime” Message Resonating

Our “right on crime” message is resonating with elected officials. Speaker David Ralston addressed the subject earlier this month and Governor Nathan Deal made criminal justice a major part of his inaugural speech. From an interview with Speaker Ralston on January 6: “We’re going to have to start a discussion, I believe, about our policy in terms of how we incarcerate people in Georgia. I’m not sure where that discussion ultimately will lead to,” said Ralston, a one-time candidate for attorney general. We’re spending a huge amount of money locking people up that have drug problems. At some point the people of Georgia have a right to ask if that’s an appropriate way to spend their tax dollars.”… View Article

Personal vs. Professional Services (or why not tax lawyers?!)

Tax experts agree that the appropriate sales tax base should include all goods and services purchased by the final consumer, which also implies business purchases should be exempt. The challenge is applying these principles while considering practical and political realities. During the Tax Council's press conference, A.D. Frazier discussed the rationale used by the Council in determing what services to tax. He said they tried to minimize compliance costs for taxpayers. One way they did this was focusing on vendors who were already filing sales taxes because they sell some type of tangible property. For example, the service department at your local automobile dealership already charges sales tax on parts — it's not too difficult for them to add the… View Article

Simplifying the Tax Code

Simplicity was one of the goals of tax reform. The recommendations of the Tax Council make excellent progress in this respect. Unfortunately, the media has not reported these significant changes. In moving the income tax to a "flat tax," most exemptions and deductions are removed and six tax brackets are collapsed into one flat rate. Other than simple tables for low-income families to lookup their tax credit and some minor adjustments to federal adjusted gross income for a small number of taxpayers, only a few lines would be necessary for the majority of filers. Remember Dick Armey promising you could file your income taxes on a post card? Sales tax exemptions for business inputs get a major simplification. (There is… View Article

Tax Increase or Not?

It's too early to tell if the Tax Council's recommendations will result in a tax increase. The Council says their aim was to be revenue neutral, but the report (probably due to the lack of some critical information) makes it seem otherwise. There are three calculations missing from the Tax Council's report: 1) The report calls for fewer Georgia-specific adjustments to federal adjusted gross income. How much will this broaden the personal income tax base? 2) The report calls for eliminating all exemptions and deductions except for a dependent exemption of $2,000. How much will this broaden the personal income tax base? 3) The report calls for tax credits designed to offset the loss of exemptions, deductions and the tax… View Article

First Reaction to the Tax Council Recommendations

While some may quibble with the details, and some adjustments will certainly be made, if enacted, the Tax Council’s pro-growth tax reforms will make Georgia a national model. Expect many states to follow our lead in the near future. The recommendation creates a true flat tax on income and incrementally shifts revenues to a broad retail sales tax. Both income and consumption would be taxed at a low rate of 4 percent and the tax code would be simplified. Expanded targeted tax credits would protect low-income senior citizens and families. While we would hope that a tax increase is not necessary, the Council’s mandate was to recommend the best possible tax base — what we tax and how we tax… View Article

Friday Facts: January 7th, 2011

  It’s Friday!   What’s happening at the Foundation Join U.S. Rep. Tom Price of Georgia and Grace-Marie Turner of the Galen Institute at a Foundation Policy Briefing Luncheon on Friday,  February. 4, at the Georgian Club. The topic is, “Health Care Prognosis and Prognostications.” The cost to attend this luncheon is $35. Register by Feb. 2 at this link: http://tinyurl.com/3x6jz4d. – The Georgia Public Policy Foundation turns 20 in 2011, and the yearlong theme is “20 For 20.” You’ll hear about the top 20 successes for the Foundation and Georgia; you’ll help mark our anniversary by supporting the Foundation with a donation of as little as $20 per month; you’ll be asked to steer 20… View Article

Friday Facts: December 31st, 2010

   It’s Friday!   – Today is your last chance to support the Foundation and earn a 2010 tax deduction for yourself. Every dollar you invest today will be quickly put to work to blanket the state with a prosperity agenda for Georgia’s future. Your investment allows us to hold more events, brief more legislators, educate more young people and provide more “intellectual ammunition” to win the important debates at the Capitol to ensure a thriving free enterprise system so that every Georgian has the best opportunity for success.Invest in ideas for Georgia before midnight! Click on this link: http://tinyurl.com/3y27zfm   Quotable – “The census shows there are more than 308 million people living in America. The amazing part is:… View Article

Friday Facts: December 24th, 2010

  It’s Friday!   – The Georgia Public Policy Foundation does not accept government funds. We rely completely on the support of Georgians like you who recognize the value of innovative ideas and the presence of an organization in Georgia that lends a strong and ever-vigilant voice in defense of our free enterprise system. Invest in ideas before the end of the year. Invest in the Georgia Public Policy Foundation by clicking on this link:  http://tinyurl.com/3y27zfm.   Quotable – “The EPA just announced that the artificial sweetener saccharin is not a cancer threat after all. Or as I’ll be reporting the story 10 years from now, ‘The EPA just announced that the artificial sweetener saccharin is definitely a cancer threat after all.'”… View Article

Friday Facts: December 17th, 2010

  It’s Friday!   What’s happening at the Foundation – This week, the Foundation joined national leaders and several state-based think tanks in announcing the Right on Crime initiative. The initiative proposes six principles to guide state reforms to reduce recidivism rates, restore victims, reform offenders, protect communities and protect taxpayers. Read more about the initiative in Mike Klein’s blog in The Forum, the Foundation’s interactive community of  Georgians discussing the issues of greatest concern with the Foundation’s experts. – If you haven’t joined the The Forum, register now and join the discussion at http://forum.georgiapolicy.org/.   Quotable – “Because an individual’s personal decision to purchase – or decline to purchase – health insurance from a private provider is beyond the historical… View Article

The Georgia Public Policy Foundation has been a catalyst for common sense proposals—and elected officials are listening and reacting.

U.S. Senator Bill Frist more quotes