Category: Taxes

Foundation Vice President Benita Dodd recently recorded three segments of “This Week in Blairsville” with WJRB radio host Patrick Malone.  Benita and Patrick discussed Georgia Public Policy Foundation priorities that include limiting government, helping taxpayers keep their dollars and encouraging individual responsibility.  “We believe that government has grown entirely too large,” Dodd said. Each program was recorded in two segments. First program: environment and transportation. Segment One Segment Two Second program: education and criminal justice reform. Segment One Segment Two Third program: taxation and government spending. Segment One Segment Two View Article

Taxes Do Matter to Migration

By Jonathan Williams, Will Freeland and Ben Wilterdink The Center for Budget and Policy Priorities (CBPP) recently released a new study that purports to show that state taxes have a negligible effect on the decisions of Americans to migrate from one state to another. The study criticizes research done by Dr. Arthur Laffer, Stephen Moore and Jonathan Williams in the yearly publication, “Rich States, Poor States,” and other publications that arrive at the conclusion that states should seek to adopt competitive tax and fiscal policies as a way of promoting economic growth.   The author of the CBPP report fundamentally misinterprets what the data really means and/or grossly misrepresents the actual position taken by advocates of lower state taxes. For the… View Article
By Jeffrey Dorfman Thanks to Thomas Piketty and his book, Capital in the Twenty-First Century, the topic of the day in political discussions is income inequality. What is most fascinating about this discussion is how many of the facts and commonly accepted wisdoms employed to support the arguments in this debate are wrong. This column will point out some of the main ones, so that at least we can have a debate based on a common set of (hopefully correct) facts. As a quick summary, here are the actual facts: spendable income inequality is not increasing, increased capital is not bad for labor, wealth is not a zero sum game, and high income taxes do not necessarily lead to a… View Article
By Mike Klein Georgia’s rainy day fund – Revenue Shortfall Reserve in government speak – could approach the $1 billion mark this year – a long way back from where the account found itself during recession when rainy day funds paid real bills and nearly exhausted the state’s operating surplus.  The high water mark was $1.544 billion in Fiscal 2007. Georgia’s reserve account took a shocking almost $1 billion hit from Fiscal 2007 – 2008 which coincided with the second recession of the decade.  Most economists generally place the second recession as early 2008 through mid-2009 and the federal government maintains the economy has been in an upturn for almost five years, albeit a slow upturn. Governor Sonny Perdue’s administration… View Article

Tax Policy Trails the Campaign Trail

By Benita M. Dodd With the April 15 tax filing deadline imminent, the Tax Foundation sent out its perennial reminder of Tax Freedom Day, the day Americans have collectively paid off their federal, state and local taxes and can begin to work for themselves.  Unfortunately for Georgians, Tax Freedom Day comes three days later than it was last year: April 12. Georgia is also well behind the first in line and lags all its neighbors but North Carolina: In Louisiana, it’s March 30. It’s no surprise that taxes scarcely raised their Hydra head in the 2013-2014 Georgia legislative session that ended March 20. As with so many other potential controversies, legislators kept tax policy below the radar as they raced… View Article
(This article was published on Forbes.com and is reprinted with permission by the author.) By Jeffrey Dorfman President Obama and the Democrats continue to push for an increase in the minimum wage. Against much evidence that such a law is very ineffective at reducing poverty, the administration is still touting the benefits they claim would help millions of workers. Yet, it turns out that, for the sort of worker about whom we should be most concerned, such a policy actually benefits the federal government more than the worker. That’s right. As I will show below, a hypothetical single mom with one kid would see more than half of the proposed minimum wage increase offset by a reduction in benefits from… View Article
This year Senate and House legislators have passed three bills that use different approaches but share a common goal, that states should be able to compel the federal government to operate within a balanced budget.  The Compact for America approach passed as House Bill 794 would bring participating states together at a convention to pass a balanced budget constitutional amendment. Action by the convention would not by itself compel the federal government to live within a balanced budget.  Congress would be required to act on the proposed amendment and states would be required to ratify the language.  Goldwater Institute constitutional scholar Nick Dranias explained the balanced budget constitutional amendment approach at the Georgia Public Policy Foundation’s February 26 Leadership Breakfast… View Article
GEORGIA PUBLIC POLICY FOUNDATION EVENT February 3, 2013 Contact Benita Dodd at 404-256-4050 or benitadodd@georgiapolicy.org Discover the Case for the Compact for a Balanced Budget Amendment Atlanta – Are you tired of out-of-control federal spending? Join the Georgia Public Policy Foundation on Wednesday, February 26 for “The Case for the Compact for a Balanced Budget Amendment,” an 8 a.m. Leadership Breakfast at Cobb County’s Galleria Centre featuring constitutional scholar Nick Dranias of the Goldwater Institute. This event is open to the public. The charge is $25 to attend. Register online by Monday, February 24 at http://bit.ly/LewuTz. Dranias will discuss the non-partisan effort to promote and seek legislation by the states and the U.S. Congress to ratify a… View Article

Georgia Business Climate Ranks #32

The Tax Foundation’s 2014 edition of the State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. Georgia ranks 32nd highest, scoring in the top ten in the corporate tax category, but in the bottom ten in the individual income tax category. North Carolina, currently ranked 44th, is projected to move to as high as 17th as their recent tax reforms take effect. Florida is ranked 5th, South Carolina 37th, Alabama 21st and Tennessee 15th.… View Article

The Georgia Public Policy Foundation is the best source of the rarest and most valuable commodity in public policy debate: facts.

State Representative Bob Irvin more quotes