Ga. tax collections dive again

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ATLANTA — Tax collections plunged again in Georgia.

State money managers reported today that revenues were down 14.4 percent in May from the same month the year before. That's a drop of about $212 million.

For the fiscal year that's set to end June 30, collections are down a whopping 10 percent.

The dismal new numbers come as no surprise. Late last month Gov. Sonny Perdue said the state's economic picture was so grim that many state agencies will lose 25 percent of their funding for June.

That's prompted a showdown with the state's court system, which argues the deep cuts would bring the judicial system to a halt. Georgia's fiscal year 2009 budget now stands at $2.8 billion less than what the governor had originally planned to spend.

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AJ1
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AJ1 06/05/09 - 01:15 pm
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This is quite interesting! I

This is quite interesting! I mailed my Georgia state income tax return with a check on April 13th. The check cleared my bank yesterday, June 4th. I kept checking their website to see if it was processed. A profitable "business" would open all mail and separate those checks for deposit. If my return was business as usual, Georgia lost out on some hefty interest.

Niko Mahs
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Niko Mahs 06/05/09 - 01:37 pm
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The GA GOP does not pay taxes

The GA GOP does not pay taxes and now cannot even collect them. Woe unto Sunny P.

disssman
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disssman 06/05/09 - 03:45 pm
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This is surprising? Lets

This is surprising? Lets see, the good jobs went overseas and the salaries they produced went with them. It dosen't take a MBA to figure out that your collections are going to be smaller. BTW reducing the courts funding will not have any impact on criminals. Lynch mob justice would have a positive impact by lowering criminal activity. The jerk looting the ice cream should be the first to be sentenced.

AJ1
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AJ1 06/06/09 - 02:18 am
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Wow, Niko, did you actually

Wow, Niko, did you actually give that statement some thought before you parted with such an educated gem?

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