Bill for tax reform study headed to Sonny

The bill, which passed the House last month, would create a council including outgoing Gov. Sonny Perdue, several leading economists, the chairman of the Georgia Chamber of Commerce, the chairman of the state chapter of the National Federation of Independent Business, and four other members to be appointed by the lieutenant governor and speaker of the House.

The council would recommend changes to the tax laws to a special legislative committee, whose job during the 2011 session would be to craft those suggestions into a tax reform bill.

That legislation then would go to the House or Senate for an up-or-down vote, meaning lawmakers would not be allowed to propose any amendments.

Emphasis mine. Perdue gets to be on the council? With eight years of fiscal mismanagement under his belt, his “contributions” to the council will, no doubt, be breathtaking. More details here from the Atlanta Business Chronicle. Of course, he may just veto the bill for the tax reform study if he doesn’t want to have to work anymore come November. Which may be a good thing for us all in the end.

28 comments

  1. fishtail says:

    Sonny wants to continue to be a “player” after his term as Governor is up. Sonny will be a lobbyist starting in January for yet unannounced business interests. So why not try to continue his power/influence into the future? It would help him make money and give him an unfair advantage for his clients. Just GOP bidness as usual.

  2. LoyaltyIsMyHonor says:

    Not my favorite organization, but would have been nice to see GBPI represented on the Council to balance out the NFIB and the Chamber. With so many business interests being represented, it’s easy to predict that the Council’s recommendation will simply include more business exemptions…which means, we peons will be picking up the financial slack through increased fees so that GA Power, Coca Cola, AFLAC, etc can see a fractional bump in their share price. 🙁

    I’m also surprised that the GPPF is also not there. I guess they didn’t want the Council to quickly capsize to the right.

  3. Debra says:

    How about a zero based exemption process? All exemptions are removed and this committee puts forth a proposal n what exemptions should be in place and what the cost of those exemptions would be!

    • LoyaltyIsMyHonor says:

      I’ll go along with that. I’m not implying that we repeal all exemptions and abatements, but let’s not fool ourselves; most of these are passed merely for political reasons.

    • Debra says:

      I’m saying get rid of all of the exemptions…. Instead of nit picking over what exemptions to delete……. have a serious conversation regarding what exemptions to put into place!

      • Jim Bob says:

        Debra, I agree with you except for the last part. Don’t put any of them back in place. Instead, after the exemptions have been taken back, then cut the Corporate tax rate by at at least half and let all businesses get the benefit. Don’t pick and choose winners.

  4. Dave Bearse says:

    Sonny’s six figure payday a few years ago on a change in capital gains tax law that he signed without even knowing its provisions demonstrated the personal benefits of monkeying with taxes.

    Sonny will likely to pocket over $10,000 each year in a few years due to elimination of state income taxes on seniors retirement income should that legislation become law.

    Why stop now?

    Chip Rogers ought to be on the panel where he can advocate for increasing corporate taxes while mandating corporations not increase prices to customers, just as he determined that hospitals could not increase prices because of the bed tax.

    • Republican Lady says:

      If it is true that corporate taxes are 3% of the budget to what percentage would you want to increase it to for the budget?

    • Henry Waxman says:

      Having seen some of the shady accounting that certain hospitals have done in the past, I feel very confident that they will have no trouble increasing their charges for numerous reasons other than the bed tax.

      Hospitals get away with stuff that would have the rest of us thrown under the jail.

      • LoyaltyIsMyHonor says:

        You should really take a closer look at how insurer/managed care networks operate.

        Most people on this site complain about how the government will get in between doctors and patients when Obamacare is enacted….Geez, my insurer is already doing that.

        • Henry Waxman says:

          I’m pretty familiar with the laws and regulations governing the insurance industry. My point was that hospitals will find a way around almost any “freeze” on their charges.

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