Tax payers may be getting more money - WALB.com, South Georgia News, Weather, Sports

Tax payers may be getting more money

July 15, 2007

Albany -- The latest state revenue figures show that Georgia is flush with cash. It could mean more money for you.

State revenue figures show that state tax collections rose seven and a half percent. This means the state collected an extra one point two billion dollars this fiscal year.

This gives Georgia an extra 400 million dollars that house speaker Glenn Richardson says should be returned to taxpayers in some way. State Representative Ed Rynders also agrees.

"There is a couple of different options that we can look at. Last year we tried to give back 142 million dollars in property tax relief. We can also try to lower the motor fuel tax and also making sure that we have enough in reserves. I am confident that at the end of the day we are going to do something that will give relief to the taxpayers of Georgia," said Rynders. 

The overall jump in revenues for the year came because of a nine percent increase in individual income tax and an almost 18 percent increase in corporate income taxes.

feedback: news@walb.com?subject=ExtraRevenue/DR

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Two people shot in Valdosta

    Two people shot in Valdosta

    Thursday, April 27 2017 11:46 AM EDT2017-04-27 15:46:23 GMT
    (WALB image)(WALB image)

    Valdosta Police detectives are trying to figure out who shot two people within the last two days. 

    More >>

    Valdosta Police detectives are trying to figure out who shot two people within the last two days. 

    More >>
  • Albany’s unemployment rate drops in March

    Albany’s unemployment rate drops in March

    Thursday, April 27 2017 9:21 AM EDT2017-04-27 13:21:01 GMT
    (Source: WALB)(Source: WALB)

    Figures released by the Georgia Department of Labor (GDOL) today show that Metro Albany’s unemployment rate dropped three tenths of a point in March, to 5.7 percent. It was six percent in February. 

    More >>

    Figures released by the Georgia Department of Labor (GDOL) today show that Metro Albany’s unemployment rate dropped three tenths of a point in March, to 5.7 percent. It was six percent in February. 

    More >>
  • West Mims Fire visible from space

    West Mims Fire visible from space

    Thursday, April 27 2017 4:13 AM EDT2017-04-27 08:13:38 GMT
    West Mims Fire from space (Source: NASA)West Mims Fire from space (Source: NASA)

    As of Wednesday the fire was 74,000 acres in size and only 8% percent contained. A NASA satellite captured an image of the smoke from outer space and highlighted the actively burning areas. 

    More >>

    As of Wednesday the fire was 74,000 acres in size and only 8% percent contained. A NASA satellite captured an image of the smoke from outer space and highlighted the actively burning areas. 

    More >>
Powered by Frankly