Georgia News Stories Master Thread (Atlanta, East Point: sale, credit, unemployment rate)

[AnsleyPark]

Originally Posted by Craziaskowboi

Tax consumption, not income.

Oh, good, a regressive tax to make the poor poorer and the rich richer. Nice.

[Columbus1984]

Originally Posted by AnsleyPark

Oh, good, a regressive tax to make the poor poorer and the rich richer. Nice.

Lol

[JMatl]

Originally Posted by Columbus1984

Lol

He speaks the truth, lol.

[aus10]

When people say they want people to pay their fair share it's an irony. Neither a progressive or a regressive is fair to everyone. Fair would be a flat tax. So that irregardless of income level one would pay the tax. That would be fair.

[beach43ofus]

Originally Posted by Thulsa

If you're over 65, the retirement income exclusion is $65,000, so we've eliminated the tax on pensions for most people. The state should probably bump that up to maybe 100k, IMHO.

Change the age from 65 to 55 too. Many pensioners start collecting in their 50's.

[beach43ofus]

Originally Posted by AnsleyPark

Oh, good, a regressive tax to make the poor poorer and the rich richer. Nice.

Is the purpose of taxes to redistribute wealth, or fund government? Nice indeed. 64%+ paying no net Fed income tax is VERY unfair. The Fair Tax has a provision to assist those living at or below the poverty level, but all the rest pay the same...how's that unfair?

I left Georgia partially due to high GA taxes. I was paying 6% income tax on a 6-figure income, & my Gwinnett county property & occupational biz taxes were escalating too rapidly for my comfort (post great recession).

By moving to Florida, I started saving $20k/yr on taxes after being there for just 6 months. My property tax went from $10k to $6k too, & my home in FLA appreciated much faster.

I did write all my GA county & state politicians expalaining all this to them, from county rep to Governor. I'm a top 2%'er and business owner, & I took all of it to FLA, leaving nothing behind in GA. GA lost jobs & a lot of future tax revenues when I left.

GA is also one of the most costly places to own cars due to taxes, & I have 4 cars. Have you ever noticed light blue Montana plates on exotics in GA? That's trick to save Thousands on GA taxes that some resort to. (not me, I pd all my GA taxes while thre for 20 yrs.).

I'm not seeing a lot of Georgians down here in FLA though, so there's that.

By leaving GA, I'll wind up saving $600,000 in taxes, plus my home has already appreciated by $350k, & still rising. GA to FLA is looking like a million dollar move to me right now.

[bellhead]

Originally Posted by aus10

When people say they want people to pay their fair share it's an irony. Neither a progressive or a regressive is fair to everyone. Fair would be a flat tax. So that irregardless of income level one would pay the tax. That would be fair.

If your willing to make that argument, then we have to eliminate lobbyist. Rich people have a much greater influence on tax policy than poor people thru the use of lobbyist.

[Need4Camaro]

Removing income tax will just shift the tax through other methods such as sales or property.

[AnsleyPark]

Originally Posted by beach43ofus

Is the purpose of taxes to redistribute wealth, or fund government? Nice indeed. 64%+ paying no net Fed income tax is VERY unfair. The Fair Tax has a provision to assist those living at or below the poverty level, but all the rest pay the same...how's that unfair?

I left Georgia partially due to high GA taxes. I was paying 6% income tax on a 6-figure income, & my Gwinnett county property & occupational biz taxes were escalating too rapidly for my comfort (post great recession).

By moving to Florida, I started saving $20k/yr on taxes after being there for just 6 months. My property tax went from $10k to $6k too, & my home in FLA appreciated much faster.

I did write all my GA county & state politicians expalaining all this to them, from county rep to Governor. I'm a top 2%'er and business owner, & I took all of it to FLA, leaving nothing behind in GA. GA lost jobs & a lot of future tax revenues when I left.

GA is also one of the most costly places to own cars due to taxes, & I have 4 cars. Have you ever noticed light blue Montana plates on exotics in GA? That's trick to save Thousands on GA taxes that some resort to. (not me, I pd all my GA taxes while thre for 20 yrs.).

I'm not seeing a lot of Georgians down here in FLA though, so there's that.

By leaving GA, I'll wind up saving $600,000 in taxes, plus my home has already appreciated by $350k, & still rising. GA to FLA is looking like a million dollar move to me right now.

Well, good for you for being rich!

[LynnHarris1]

Johnny Isakson spent his life cutting deals.

From his successful career in real estate to when Georgia’s Republican Party was mostly confined to a small knot in Cobb County to Congress, Isakson learned early on what it took to get two sides to an agreement. And he continued to ply those skills even after the GOP cemented its political dominance in the state, making him a uniquely beloved figure among Democrats and Republicans alike for more than four decades..."

https://www.ajc.com/news/johnny-isak...EBJQ44577B3SA/

SOURCE: AJC