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Georgia gas tax suspension set to end, prices expected to rise

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Georgia gas tax suspension set to end, prices expected to rise


Fuel costs are displayed on a gasoline pump at an Exxon gasoline station in Washington, DC, on Might 24, 2022. (Picture by STEFANI REYNOLDS/AFP through Getty Photographs)

After months of extensions, Georgia’s suspension of the state’s motor gasoline tax is about to run out on Tuesday.

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Kemp had broad bipartisan assist in March when he signed a legislation suspending the gasoline tax by way of Might 31 amid hovering costs at gasoline pumps and grocery shops. Since then he has ordered seven separate extensions of the tax break, which state legislation permits so long as lawmakers ratify the motion after they reconvene in 2023.

After signing an extension in December that lasted till Tuesday, Kemp instructed throughout a state Capitol information convention that he received’t prolong it additional.

After 10 months of tax reduction on the gasoline pump, Kemp stated, “we’re going to transition away from that non permanent program.” He added: “We will’t proceed to pay what we’re doing on the gasoline tax suspension.”

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Georgia’s gasoline worth usually features a federal tax of 18.4 cents per gallon and a state tax of 29.1 cents per gallon. Numerous counties and town of Atlanta additionally cost taxes. Federal taxes on diesel gasoline are 24.4 cents per gallon, whereas Georgia’s tax on diesel is 32.6 cents per gallon.

As an alternative, Kemp stated his focus will flip to looking for legislative approval of one other spherical of revenue tax rebates and a property tax break — a pair of marketing campaign guarantees anticipated to price one other $1 billion apiece.

The governor will search a second spherical of revenue tax rebates just like the $1.1 billion in funds issued this yr. The rebates gave dual-earner households $500, single adults with dependents $375 and single adults $250.

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Kemp additionally hopes to revive a property tax break that was allowed to lapse in 2009 amid a state price range disaster attributable to the Nice Recession. Kemp has proposed spending one other $1 billion to save lots of what he says will likely be about $500 a yr for taxpayers with homestead exemptions.

With the gasoline tax anticipated to return into impact, costs on the pump may soar this week.

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In keeping with AAA, the common worth for a gallon of normal unleaded gasoline in Georgia presently is about $2.81 – a lot decrease than the nationwide common of $3.27.

The Related Press contributed to this report.



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Georgia

BREAKING: Elite 2026 ATH Derrek Cooper commits to Georgia football

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BREAKING: Elite 2026 ATH Derrek Cooper commits to Georgia football


This Sentell’s Intel rep on Georgia football recruiting has the latest with 4-star ATH Derrek Cooper out of South Florida. He ranks as the nation’s No. 3 ATH and the No. 52 overall prospect for 2026 on the 247Sports Composite. The On3 Industry Ranking has him as the No. 2 ATH and at No. 25 overall.



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More Red Lobster locations in Georgia face closure amid bankruptcy woes

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More Red Lobster locations in Georgia face closure amid bankruptcy woes


Four more Red Lobster locations in Georgia could be on the chopping block soon. This is in addition to the three locations which abruptly closed last month. 

According to bankruptcy documents obtained by FOX 5, the three new Georgia locations include: 

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  • 6550 Tara Blvd, Jonesboro
  • 700 Shorter Ave., Rome
  • 2579 Cobb Parkway, Smyrna
  • 2679 Adams Farm Dr., Columbus

If these locations close, there would only be 16 Red Lobster restaurants left in the Peach State after the previous closure of these three locations last month:

  • 1050 Holcomb Bridge Road, Roswell
  • 1956 W. Broad Street, Athens
  • 2105 Veterans Blvd., Dublin

Red Lobster files for bankruptcy 

Red Lobster, the casual dining chain known for items like popcorn shrimp and “endless” seafood deals, filed for Chapter 11 bankruptcy protection two weeks ago. 

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The 56-year-old chain operates more than 700 locations, according to its website.  

Bill Darden opened the first Red Lobster restaurant in Lakeland, Florida, in 1968. He aimed to provide delicious, high-quality, affordable seafood to everyone. 

Many diners have enjoyed their all-you-can-eat shrimp promotions, which began in 2004, and their Cheddar Bay Biscuits, created in 1992, are so popular that you can find the mix at your local grocery store. 

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However, last year’s endless shrimp menu deal reportedly led to an $11 million loss for the seafood chain. 

The restaurant also lost billions in sales during 2020 due to the coronavirus pandemic and COVID-19 lockdowns. 

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Other factors that have contributed to the chain’s decline reportedly include corporate mismanagement and the popularity of fast-casual chains like Chipotle and Atlanta’s own Chick-fil-A. 

The Associated Press contributed to this article



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Looking at Georgia Tech Football’s 2024 Schedule and Opponents Through ESPN’s FPI

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Looking at Georgia Tech Football’s 2024 Schedule and Opponents Through ESPN’s FPI


In case you have not heard, Georgia Tech Football is going to face one of the toughest schedules in the country this upcoming season and whil this Yellow Jackets team might be much better than last year’s team, they might not have a better record due to the schedule.

This is nothing new for the program or for Yellow Jackets fans. Each year, the team has to play Georgia at the end of the year and until this season, they also had to play Clemson each year. Georgia is still on the schedule, but Clemson is off this year, but the schedule is arguably the toughest in the ACC and among the toughest in the country. Georgia Tech has to play Notre Dame, Florida State, Miami, Louisville, NC State, and Virginia Tech, among others on their 2024 slate. Each week is going to present unique challenges to Brent Key and his team.

ESPN released its initial FPI numbers for the 2024 season and Georgia Tech is starting the season 54th. ESPN uses its FPI (Football Power Index) as an advanced analytical model to help look at matchups and predict outcomes. In ESPN’s own words: “FPI is a predictive rating system designed to measure team strength and project performance going forward. The ultimate goal of FPI is not to rank teams 1 through 128; rather, it is to correctly predict games and season outcomes. If Vegas ever published the power rankings it uses to set its lines, they would likely look quite a lot like FPI.”

So where are Georgia Tech’s opponents ranked on this initial FPI rankings release?

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1. Georgia (No. 1 nationally)

2. Notre Dame (No. 7)

3. Florida State (No. 11)

4. Louisville (No. 21

5. Miami (No. 23)

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6. NC State (No. 28)

7. North Carolina (42)

8. Virginia Tech (50)

9. Duke (52)

10. Syracuse (70)

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11. Georgia State (89)

I think there are some arguments to be had about where certain opponents should be ranked instead, but this still shows an overall tough strength of schedule for the Yellow Jackets. Six opponents are in the top 30 and eight are in the top 50. You could argue that both Virginia Tech and Syracuse should be higher.

247Sports Analyst Brad Crawford ranked the Yellow Jackets 2024 schedule as the 6th toughest schedule in the country:

“One of only two ACC teams in our toughest schedules rankings, Georgia Tech has a difficult road ahead, especially if November when the Yellow Jackets play Miami, NC State and Georgia to end it. Brent Key must have this team ready to go every week, or else getting to bowl eligibility will be a challenge.”

Seven of Georgia Tech’s opponents appeared in the 247Sports post-spring top 25. 11 of Georgia Tech’s 12 opponents played in bowl games last season.

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Most sportsbooks have the Yellow Jackets win total set at 5.5 and On3 Sports analyst Jesse Simonton thinks that 5.5 might be too high:

“The Yellow Jackets upset Miami and North Carolina last season to make the postseason for the first time since 2018, but the books see a slight regression season with maybe the most difficult schedule (non-conference included) in the ACC in 2024. 

While Georgia Tech returns quarterback Haynes King (who led the league in touchdowns and interceptions last season), 1,000-yard rusher Jamal Haynes and infused a bad defense (worst in the ACC in 2023) with 11 newcomers via the portal, it has just five true home games on the slate this fall. The Yellow Jackets open against FSU in Ireland and end the season against top-ranked Georgia in Athens. In between, they play at Syracuse, Louisville, North Carolina and Virginia Tech and draw Notre Dame, Miami and NC State at home. That’s a gauntlet by ACC standards.”

While the schedule is a gauntlet, there are not going to be many games where the Yellow Jackets are massive underdogs and Brent Key has shown the ability to be able to get his team to play at a high level to pull an upset ever since he was the interim head coach. They might be significant underdogs in games vs FSU, Notre Dame and Georgia, but the might not be a double-digit underdog in the rest of the games. Still, this team is going to have to work to make a bowl game and improve on last year’s 7-6 mark.



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