Tax Cutting

The legislature should scrap this.

Georgia is one of 10 states that have the House Ad Valorem Inventory Tax on businesses. Many would like to take the Peach State off that list.

To study the effects of such a move, a committee was established by Georgia State Rep. Charles Scheid, R-Woodstock, to study the issue. Two thirds of that committee, including Scheid and Rep. Jill Chambers, R-Atlanta, held a public forum last night attended by about 40 people at Savannah’s Coastal Georgia Center.

Business owners, government officials and university professors spoke during the meeting, speaking for and against ending the inventory tax. More than half were opposed.

2 comments

  1. Mike Hassinger says:

    This is why we have stupid taxes like the inventory tax:

    John Scott, the chief appraiser for Bulloch County, said if the inventory tax was ended, it would appear in the form of other taxes.

    “For every action, there is a reaction,” Scott said. “If we continue the erosion of the tax digest we will see an implosion of property tax.”

    Someone should tell Mr. Scott that the reaction to cutting taxes ought to be cutting spending. It’s like the concept of cutting spending is incomprehensible to some people.

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