By Mike Klein
Mike KleinEditorGeorgia Public Policy Foundation
Georgia’s track record as a low-tax, pro-business, pro-growth state is absolute. However, the state has been unable to enact an important threshold – elimination or at least a sizable reduction in the 6 percent maximum personal income tax rate – and that prevents Georgia from being considered at the top of states that have low-tax, pro-growth fiscal policies.
Today the American Legislative Council released its sixth annual “Rich States, Poor States”
economic competitiveness index report that evaluates states on 15 fiscal policy sectors including tax rates, state regulations, right-to-work laws and size of the public workforce as a percentage of statewide population. The ALEC formula rewards low-taxing, low-spending states, of which Georgia…