On Georgia’s southern border sits Florida, a state that is a shining example of higher growth through lower taxation. And yet, rather than lifting a page from Florida’s time-tested playbook, Georgia Governor Nathan Deal is taking a bafflingly short-sighted approach to tax reform in the Peach State.
In August, the Georgia House Ways and Means Committee held the first in a series of hearings on a bill that would reduce the state income tax from 6 percent to 4 percent. That’s a sound idea, with plenty of supporting evidence to back it up. However, Governor Deal refuses to lend his support to the plan, instead saying that he’s asking lawmakers to be “very cautious” about lowering the state income tax.