Powered by

AJC AT THE GOLD DOME STATE REVENUE; ; Tax revenue drops, fueling push for cuts

Dec 07, 2019 - The Atlanta Journal-Constitution

Lawmakers to consider new trims to spending, state income tax rate.

The state received disappointing tax collections for a fifth consecutive month in November, bolstering Gov. Brian Kemp's push for spending cuts.

The revenue news Friday comes about a month before lawmakers will reconvene for a 2020 session in which they will consider both Kemp's cuts and whether to further reduce the state income tax rate. An earlier rate cut has likely played a major role in the revenue slide.

State officials reported that November collections were down about 1.2%, or $22.4 million from November 2018. For the fiscal year, which began July 1, collections are down 0.3%, or about $33.6 million...