- FRC Brief 171 Version
- 1512 Download
- 0.00 KB File Size
- 1 File Count
- October 1, 2007 Create Date
- February 26, 2020 Last Updated
FRC Brief 171, October 01, 2007, John W. Matthews, David L. Sjoquist
This brief discusses the amount of revenue needed to replace all the property taxes in Georgia.
The GREAT Plan for Georgia calls for the elimination of all property taxes, with local government property tax revenue being replaced by state grants. In this Policy Brief we provide an estimate of the amount of revenue that would have to be replaced. We also discuss the role of local sales tax revenue in replacing property taxes. This Policy Brief is part of series of reports and policy briefs that examine the GREAT Plan. Property Taxes In this section we discuss the revenue that would have to be replaced if the state eliminated all property taxes and replaced them with state grants. In 2006, Georgia’s local governments plus the state had combined property tax levies, including those on motor vehicles and utilities, of more than $9.6 billion. Combined with other revenue associated with property taxes, total loss to Georgia’s local governments from elimination of property taxes is over $10.8 billion for 2006.
ABOUT THE AUTHORS
John Matthews is a Senior Research Associate in the Fiscal Research Center in the Andrew Young School of Policy Studies at Georgia State University and a visiting professor in both GSU’s
Public Administration and Urban Studies and The Graduate School of City Planning at the Georgia Institute of Technology. Dr. Matthews’ main research interest is in urban growth policy.
David L. Sjoquist is Professor of Economics, holder of the Dan E. Sweat Distinguished Scholar Chair in Educational and Community Policy, and Director of the Fiscal Research Center of
the Andrew Young School of Policy Studies at Georgia State University. He has published widely on topics related to state and local public finance and urban economics. He holds a Ph.D from
the University of Minnesota.
| File | Action |
|---|---|
| replacing_all_property_taxes_an_analysis_of_revenue_issues_brief.pdf | Download |