Lawmakers delay vote on tax overhaul
Published 11:21 am Thursday, March 31, 2011
An overhaul of Georgia taxes has stalled amid objections from Democrats and tea party activists.
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They said the plan hikes taxes on the middle class while handing wealthier Georgians a tax break.
House and Senate leaders met throughout the day Wednesday but were unable to strike a compromise.
House Speaker David Ralston called the plan a top priority this session and suggested that lawmakers could meet Saturday if needed. Negotiations were set to continue on Thursday.
The bill that passed out of a joint legislative committee on Tuesday cuts the personal income tax rate from 6 percent to 4.5 percent but also caps itemized deductions.
It taxes automobile repair, the person-to-person sale of cars and telecommunications services.
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House Bill 387: www.legis.ga.gov