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Georgia’s Kemp seeks tax breaks, rebutting Abrams on economy

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Georgia’s Kemp seeks tax breaks, rebutting Abrams on economy


ATLANTA (AP) — Georgia GOP Gov. Brian Kemp will unfurl his first main coverage proposals of his reelection bid Thursday, pledging one other state earnings tax rebate and revival of a long-dormant state property tax break whereas contending with Democratic challenger Stacey Abrams over who’s greatest for the state’s economic system.

After Abrams argued this week that “miserly” Republicans are denying primary companies and ignoring inequities in pursuit of low spending and tax cuts for the wealthy, Kemp began swinging at Abrams as he celebrated record-high financial growth numbers Wednesday.

“If anybody needs to counsel we aren’t delivering on jobs and alternatives for everybody on this state, they need to get their information straight earlier than commenting on issues that they merely don’t perceive,” Kemp mentioned.

Abrams is looking for traction in opposition to a Republican incumbent she narrowly trails within the polls in an important swing state. The challenger argues that not solely Kemp’s fiscal insurance policies however his assist for abortion restrictions, unfastened gun legal guidelines and even tighter controls on what’s taught in colleges threaten the expansion of a $683 billion state economic system.

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Kemp is sticking to the script Georgia Republicans have adopted in 20 years in energy. He’ll inform voters Thursday that in the event that they reelect him, he’ll search a second spherical of earnings tax rebates just like the $1.1 billion in funds issued this 12 months, in response to a Kemp marketing campaign official with data of plans who spoke on situation of anonymity. This 12 months’s funds gave dual-earner households $500, single adults with dependents $375, and single adults $250.

The governor additionally will search to revive a property tax break that succumbed in 2009 amid the state funds disaster brought on by the Nice Recession, the official mentioned in previewing Kemp’s announcement. The tax break, created by Democrat Roy Barnes in 1999, value the state $428 million in its final 12 months in 2008, saving householders $200 to $300 on tax payments.

Kemp mentioned Wednesday that he needs to “assist Georgians additional combat by a 40-year excessive inflation and intensely excessive prices that our residents are experiencing” specializing in the unpopularity of Democratic President Joe Biden.

Kemp can hand out money as a result of Georgia’s coffers are fats. The state ran a roughly $5 billion surplus within the 12 months ended June 30, with greater than $2 billion in surplus nonetheless banked from the 12 months earlier than.

The governor has additionally repeatedly renewed a fuel tax break over 5 months. His administration plans to attract from the excess to channel cash to roadbuilding instead of what’s already $750 million in foregone gasoline taxes. Kemp additionally signed a state earnings tax minimize that begins in 2024 and will ultimately cut back taxes by greater than $2 billion.

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Abrams already known as for an additional spherical of earnings tax rebates. She’s additionally known as on Kemp to droop the fuel tax by the tip of 2022, and has pledged to not attempt to roll again the earnings tax minimize, regardless that she criticizes advantages to the rich.

“Whereas Brian Kemp is following Stacey Abrams’ lead in calling for tax rebates, he’s nonetheless pushing an excessive and harmful agenda that threatens Georgia households and places our economic system in danger,” mentioned Abrams spokesperson Alex Floyd.

Kemp accuses Abrams of backing his insurance policies solely as a result of they’re in style.

“She criticized all these issues earlier than she got here out and is now supporting them,” he mentioned.

Abrams slammed the property tax break in a speech Tuesday, calling it “paying off the property taxes of mansion homeowners and millionaires.” The Census Bureau says 66% of Georgians personal houses, however Abrams focuses on housing affordability and the Kemp administration’s stuttering payout of federal COVID-19 aid to renters.

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Kemp used the ability of incumbency to stomp Republican challenger David Perdue, delivering advantages and legislative accomplishments earlier than the Might main. However he must wait till after any reelection for legislative approval of his new plans, barring an election-season particular session.

The governor can be constructing off Georgia’s file $21.2 billion in state-incentivized enterprise investments final 12 months, with firms committing to create 51,000 jobs. Georgia additionally has a record-low unemployment price.

Abrams argues many, particularly in rural Georgia, are lacking out. She notes Georgia’s earnings rankings have fallen throughout 20 years of Republican rule.

“Most Georgia households are doing every part proper,” Abrams mentioned Tuesday, arguing for extra state funding in schooling and well being care to spice up everybody. “They work full-time jobs. They’re placing slightly away once they can regardless of rising costs. But center class households are struggling.”

Kemp argues solely Democrats are guilty for financial instability.

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“The one cause Georgians are fearful about going into poverty in rural Georgia proper now could be as a result of Stacey Abrams helped Joe Biden get elected president,” he mentioned Wednesday, “and now we have 40-year-high inflation and every part that they’re shopping for — whether or not it’s butter, eggs, milk, meat, another protein — is astronomical proper now.”

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Observe Jeff Amy at http://twitter.com/jeffamy.





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Georgia

JA of Georgia will celebrate local business owners at annual fundraiser

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JA of Georgia will celebrate local business owners at annual fundraiser


Liz Wright started with The Augusta Press in May of 2022, and loves to cover a variety of community topics. She strives to always report in a truthful and fair manner, which will lead to making her community a better place. In June 2023, Liz became the youngest recipient and first college student to have been awarded the Georgia Press Association’s Emerging Journalist of the Year. With a desire to spread more positive news, she especially loves to write about good things happening in Augusta. In her spare time, she can be found reading novels or walking her rambunctious Pitbull.



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1974 Alive at Georgia Tech

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1974 Alive at Georgia Tech


Nine months after the sold-out show at Tech, Yes played at The Omni Nov. 30 for more than 16,000 fans. The next night, rock icon David Bowie performed the final show of his Diamond Dogs tour at the same arena — and within a year of their Fall 1974 shows, KISS and Lynyrd Skynyrd would each return to Atlanta as headliners at The Omni.

Throughout the 1970s, Tech would continue to host many of the decade’s most prominent bands and artists at Alexander Memorial Coliseum and Bobby Dodd Stadium. The Dog Day Afternoon festival in 1977 and Alex Cooley’s Champagne Jam concerts in 1978 and 1979 brought massive, sweaty crowds of music fans to campus for acts including Atlanta Rhythm Section, Bob Seger, Cheap Trick, Foreigner, Heart, The Cars, and Aerosmith.

The Georgia Tech Athletics Association has continued to open its facilities for music promoters in years since, and Tech has hosted Dolly Parton, Bob Dylan, Pink Floyd, Ludacris, Big Boi, and the Rolling Stones (twice!). “We are approached periodically about hosting external events, including concerts featuring popular acts,” an Athletics spokesperson said. “We are proud to provide great entertainment opportunities for the Georgia Tech community and are always looking to drive revenue that can help us provide additional resources for our student-athletes.” Most recently, Athletics welcomed thousands of Yellow Jacket supporters and music fans for the Helluva Block Party series of pregame concerts on North Avenue.

Five decades on, many of the bands whose sounds reverberated within the metal rafters of Alexander Memorial Coliseum are revered by millions. Auslander explained why he thinks the popular music of the 1970s persists. “Today, there are more shared musical tastes and experiences across generations than in the past. Youth in the 1970s mostly rejected the music and culture of their parents — now, we see parents and their children listening to the same music and going to concerts together,” he said.

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Although his football experience was cut short due to injury, Ken Smith studied building construction, industrial management, and mechanical engineering at Tech and ran a successful HVAC company in the Augusta area. Over the past 50 years, Smith has seen the Doobie Brothers live more than 30 times, as well as Chicago and Lynyrd Skynyrd.

And Ned Barbre has continued returning to the Tech campus for concerts, including Pink Floyd, Jimmy Buffett, Arlo Guthrie, and the Stones.

Having experienced more than 40 KISS concerts from 1974 through the band’s farewell tour, David Dean said, “I will always remember that first show at Georgia Tech.”

 




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Georgia's tourism industry hit by loss of Israeli visitors

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Georgia's tourism industry hit by loss of Israeli visitors


“Bookings have been cancelled, and projections for new bookings are very low” according to one restauranteur.

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Georgia’s summer season has begun but a significant share of visitors are missing: Israelis.

The ongoing war between Israel and Hamas has meant Israelis are less able or unwilling to travel internationally. This drop in numbers is being felt in Georgia which usually welcomes many visitors from Israel.

“The loss is noticeable. The situation in the region has affected the number of tourists from Israel,” says Levan Giorgadze from Tbilisi Free Walking Tours.

“Compared to previous years, the number of tourists from Israel has decreased noticeably. I wouldn’t say that they don’t come at all anymore, it’s just, of course, in smaller quantities.”

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Georgia’s capital Tbilisi is popular year-round with tourists, while the beaches along the Black Sea coast are a popular summer holiday destination.

Shota Burjanadze, Chairman of the Georgian Restaurateurs Association, expressed similar worries: “Bookings have been cancelled, and projections for new bookings are very low. Therefore, unfortunately, this year will not live up to expectations.”

But not everyone agrees. Maia Omiadze, Head of Georgia’s Tourist Association, believes the summer will be busy, bustling and successful. She notes that the 15 places from which tourists visit the most include Georgia‘s neighbouring countries, Persian Gulf nations and the European Union.

“The data for the first quarter of 2024 was very positive. This result allows us to have high expectations and to assume that the second quarter, the summer season and the general trend towards the end of the year in the tourism industry will be very positive,” she says.

“We expected tourists mainly from Asia, Persian Gulf and European countries. European countries made up 5% of the total number. Today, tourists are mainly expected to visit Adjara and are largely coming from our neighbouring countries, Turkey, Armenia and Russia,” Maia adds.

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Office for National Statistics data for the first quarter of 2024 shows these nations still hold the top three places for the most number of visitors to Georgia.

Watch the video above to see more about Georgia’s tourism industry in 2024.



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