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Georgia GOP Raising Taxes On Girl Scout Cookies While Cutting Taxes On Foreign Corporations
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| Contributor | RP |
| Last Edited | RP Mar 08, 2011 02:40pm |
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| Category | Proposed Legislation |
| Author | Alex Seitz-Wald |
| News Date | Tuesday, March 8, 2011 08:00:00 PM UTC0:0 |
| Description | Like many states, Georgia is facing a budget shortfall. To address the problem, the legislature is considering a bill that would expand the tax base by doing things like reinstating a sales tax on food and raising the tax on gasoline.
Many Georgians would be adversely affected by the tax hikes on basic commodities, including the Girl Scouts, who are worried about the “significant financial impact” the bill would have on the revenue they raise through cookie sales, which would now be subject to sales tax.
But while Girl Scouts and anyone who buys groceries and gasoline is forced to sacrifice, domestic and foreign corporations in Geogia are being lavished with a tax break. The same bill that raises taxes on Girl Scouts Cookies lowers tax rates on corporate income, from 6 percent this year to just 4 percent in 2014 |
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