Gov. Sonny Perdue has often said that he’s the point at which Republican theory meets up with reality.
As my AJC colleague Aaron Gould Sheinin notes today, fewer than three days remain for the rubber-meets-road governor to sign a quartet of major bills.
The most controversial, from a philosophic point of view, is H.B 481, which creates new tax breaks for business and cuts capital gains taxes — 25 percent in 2010 and 50 percent in years beyond.
The tax cuts would cost $340 million a year in lost revenue, but Republican supporters — who include state Rep. Tom Graves of Ranger and Senate Majority Leader Chip Rogers of Woodstock — argue that the tax breaks would act as an economic stimulus.
It says so in the measure’s title: Jobs, Opportunity, and Business Success Act of 2009.
But Denis O’Hayer at WABE (90.1 FM) caught the governor expressing serious economic skepticism during a press conference last week.
In essence, Perdue said the economic theories espoused by Ronald Reagan and