In Fiscal Year (FY) 2011, Georgia collected $31.1 billion in state and local taxes. While this is an impressive sum of money, it tells us little about whether or not the average Georgia taxpayer can afford this level of taxation.
As shown in the charts below, Georgia’s state and local tax burden (tax collections divided by personal income) was the eleventh lowest in the nation for FY 2011 at 9 percent—or 13.7 percent below the national average of 10.5 percent. Georgia’s tax burden has increased significantly over time by 46.5 percent to 9 percent in FY 2011 from 6.2 percent in FY 1950.
Georgia’s low state and local tax burden is not driven by any particular element in their tax code as their tax burdens are all are at or below the national average, especially the property tax (3 percent, 29th highest), corporate income tax (0.19 percent, 38th highest), and all other taxes (1.1 percent, 49th highest).
Scott has nearly 20 years of experience as a public policy economist. He is the author, co-author and editor of over 180 studies and books. His professional experience also includes positions at the American Conservative Union Foundation, Granite Institute, Federalism In Action, Maine Heritage Policy Center, Tax Foundation, and Heritage Foundation.