NEW GA LEGISLATION HELPS THE RICH AVOID SALES TAX WHILE THINKING OF MORE WAYS TO CHARGE EVERY DAY CITIZENS MORE IN SALES TAX

February 18, 2017

Hand with money

Thursday, the Georgia House voted 152-14 for House Bill 125, which would give some owners of big boats and yachts a sales tax break if they get their vessels repaired or retrofitted in Georgia.  “…exemptions from state sales and use taxes, so as to create an exemption for certain tangible personal property sold or used to maintain, refit, or repair a boat during a single event to the extent that the aggregate value of such property exceeds $500,000.00.” 

Lawmakers once again proved this week that having a lot of money and being a political donor or potential political donor, will get you big tax breaks.

“Within a few hours Thursday the Georgia House approved a tax break for owners of some pricey boats, and the chamber’s tax committee backed another break that would help Delta Air Lines, which recorded a $4.4 billion profit last year.

“The two tax breaks come at a time when legislators are moving to assure that the state can collect taxes from people who buy goods online, have ignored legislation to raise the state minimum wage and are considering a bill that could raise taxes when you buy a used car.”

Average citizens who scrape together enough money to buy a used car to take their kids to Little League practice will pay higher taxes, and campaign donors who entertain politicians on their million dollar yachts get a tax break. Yep!  Business as usual in Georgia.

Read the article posted in the AJC here:

“If you’re politically connected, the General Assembly is apt to help you out,” 

New tax breaks in the works in Georgia House for rich, prosperous

Posted: 12:00 p.m. Friday, February 17, 2017

http://www.myajc.com/news/state–regional-govt–politics/new-tax-breaks-the-works-georgia-house-for-rich-prosperous/nemeEqvBxF5JG9XwINahcL/?ecmp=newspaper_email&user-access=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJpYXQiOjE0ODczNjUyMDMsImV4cCI6MTQ4NzQ4MDM5OSwicHJvZHVjdHMiOlt7InBpZCI6Ind3dy5teWFqYy5jb20iLCJleHAiOjE0ODc0ODAzOTksImF1dGhlbiI6ImJ5cGFzcyJ9XX0.vI3Q4dl16Sdh9b5JDtWA3e43DV0Gkkm0zGuJVNJCNUo&uuid=E168A4F3-E66D-4D7A-B527-BBCC4575445E

TWG

Citizens, be informed and stay informed!  Only by being informed, can the citizens understand what is being done and talked about, and then press our officials to make good decisions for everyone in Jasper County.  That is our goal with the Taxdogs blog.

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5 Responses to NEW GA LEGISLATION HELPS THE RICH AVOID SALES TAX WHILE THINKING OF MORE WAYS TO CHARGE EVERY DAY CITIZENS MORE IN SALES TAX

  1. Gary says:

    Wake up average citizens. These people are not on our side.
    IMAGINE THAT.

  2. Rich Friends Matter says:

    You can bet your sweet bippie that Rep. Susan Holmes voted YES!

  3. Nothing New Under The Sun says:

    Of course, carpetbaggers take care of their own, regardless … and, why not? It’s merely one of the perks of being the first pigs in line to feed at the taxpayers’ trough.

    http://www.ajc.com/news/state–regional-govt–politics/georgia-teacher-pension-system-needs-help-system-for-lawmakers/wrVZebMkXt7rw6e4HRobCN/
    The Teachers Retirement System has about 400,,000 members, including current teachers, University System employees and retirees. The extra payments have some lawmakers considering whether the system is sustainable in the future.

    There are no such concerns about the pension systems for lawmakers and judges. Those two are the state’s only major public retirement systems with more than 100 percent of the money needed to pay out the benefits it owes, according to the Employees Retirement System, which manages the funds.

  4. Nothing New Under The Sun says:

    The more things change…

    • Nothing New Under The Sun says:

      You can always count on the cult of the carpetbagging opportunist to spend more revenue than is taken in.
      “Strategic Planners” like to call the transfer of wealth from public coffers to private accounts “Smart Growth” or moving “Forward”, but truthfully speaking, it’s merely the modus operandi of self serving rogues for centuries.The nature of the beast,if you will.

      http://www.statedatalab.org/state_data_and_comparisons/detail/georgia#

      Georgia owes more than it owns

      At -$3,900, Georgia’s “Taxpayer’s Burden” ranks 22nd out of the 50 states

      Georgia is among 40 “Sinkhole States” without enough assets to cover its debt

      Elected officials have created a Taxpayer Burden, which is each taxpayer’s share of state bills after its assets available have been tapped

      TIA’s Taxpayer Burden measurement incorporates both assets and liabilities, not just pension debt

      Georgia has only $17.4 billion of assets available to pay bills totaling $27.8 billion
      To fill the $10.4 billion financial hole each Georgia taxpayer would have to send $3,900 to the state

      Because of a new accounting rule, Georgia now has to report its pension debt on its balance sheet. As a result, the state’s reported pension debt grew from $0 in 2014 to $5.8 billion in 2015. However, the state is still hiding $879.8 million of pension debt from taxpayers.

      The state’s financial report was released 192 days after its fiscal year end, which is considered untimely according to the 180 day goal

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