On Fox 5’s “Good Day Atlanta,” Gov. Nathan Deal this morning threw out a big hint that tax reform will indeed return as a topic when state lawmakers re-assemble in August for a special session to address redistricting:
”As long as we could reduce the scope of what we’re talking about, so that we don’t get into a prolonged session this summer, I would certainly entertain that idea. And I think that’s probably where we are. We got very close – the General Assembly did – to being able to finalize a package.”
The final decision will be up to the governor. In a special session, he formally decides the agenda when he summons lawmakers to Atlanta.
State Rep. David Wilkerson, D-Austell, adds this note that helps explain Deal’s willingness to add tax reform to a summer agenda:
One of the primary reasons is the increased senior exemption that is scheduled to take effect on Jan. 1, 2012. Currently the authors of the tax bill want to freeze at $35,000 the exemption for seniors to help pay for something else.
Once Jan. 1 hits, the exemption goes up to $65,000 a year. And any attempt to remove it would be “a significant tax increase,” Wilkerson said.
- By Jim Galloway, Political Insider