By Michael Mumper
PRO: Significant Reduction in Personal Income Tax Needed
Georgia Public Policy Foundation (GPPF) says that a significant cut in Georgia’s personal income tax is just the jolt our economy needs. Some of GPPF’s reasons why:
- Studies show that lowering tax rates spurs economic growth, by not just putting more money in families’ pockets, but also making investment in Georgia more attractive for entrepreneurs, small businesses, and for out-of-state businesses considering whether to relocate to Georgia.