After economic boom, Georgia tax revenue decreases

Your browser doesn’t support HTML5 audio

Karolina Grabowska / Pexels

Net tax collections for the state of Georgia were down almost $2.68 billion, or three percent compared to March 2022.

Much of the revenue loss came through Individual income taxes, where tax collections fell by over $400 million dollars, or 25 percent compared to last when collections total nearly 160 billion.

Sale and Use tax, corporate income tax, and motor fuel taxes all showed increases.

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Alexia Ridley joined WUGA as Television and Radio News Anchor and Reporter in 2013. When WUGA TV concluded operations, she became the primary Reporter for WUGA Radio. Alexia came to Athens from Macon where she served as the News Director and show host for WGXA TV. She's a career journalist and Savannah native hailing from the University of Michigan. However, Alexia considers herself an honorary UGA DAWG!