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Tuesday, January 29, 2008

Democrats announce tax plan

Georgia Democrats are proposing a plan that allows counties that lower property taxes to tap into a 300 million dollar pool of education funding. The proposal would set aside 600 million from the state's reserve fund over the next two years for counties that reduce property taxes to use for educational purposes. The measures will face plenty of opposition in a Republican-run statehouse where lawmakers are already considering a range of other new tax plans. Lawmakers also unveiled a bipartisan push yesterday to make sure Georgians don't have to pay state income taxes on the stimulus checks they might receive from the federal government.

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