We’ve had several discussions on PeachPundit about ideas for the GOP to push forward. Let me toss another one out there: interstate competition to attract the finances of new citizens. The thought hit me while reading the Wall Street Journal this morning.
Georgia has already lowered the income tax rate for senior citizens. Now it should abolish the state version of the estate tax. In doing so Georgia is likely to attract a number of wealthy new citizens who can bring tax dollars into the state.
Likewise, Georgia should make its laws more competitive for developers to build large planned communities, particularly in coastal areas for retiring seniors. Georgia should not be willing to surrender those tax dollars to Florida.