One aim for the bill is to find extra revenue to feed the state’s massive budget shortfall, expected to top two-billion dollars in the fiscal year. Another focus is the health of Georgians--Stephens says more than two-billion dollars is spent yearly in Georgia on tobacco-related illnesses.
"In my mind this is a no-brainer. The healthcare is going to better in the state of Georgia...Georgians will be healthier. We’re going to raise the revenue to plug the short-term shortfall in our budget, and in the long-term were going to save the taxpayer dollars…lots of dollars."
The Republican from Savannah points-out other states are considering hikes in their tobacco tax, which could help his bill’s chances here.
He says Georgia’s tobacco excise tax of 37-cents is one of the lowest in the nation--about 80-cents lower than the national average. Stephens projects a one-dollar tax hike in Georgia could bring-in 350-million dollars or more.
As far as how to sell this tax-hike plan to fellow Republicans, Stephens says this:
"It comes down to that real question of 'is it really a tax?’, and how do you sell that to somebody like myself that’s absolutely opposed to taxes and tax increases."
Stephens says this should be seen not as a tax increase, but as a tax savings.
Stephens’ effort is backed by a coalition of groups, businesses, and healthcare professionals.