February 6, 2024

While I am not an economist like my colleague and fellow Augusta Business Daily contributor, Dr. Simon Medcalfe, many of my family, friends, and acquaintances assume that because I am a business school faculty member and former Dean, that I am an expert on the economy. Therefore, many of them come to me with their questions related to the economy, particularly in times like these when we are getting many mixed signals and we are not sure what is good news or bad news economically anymore. For instance, in the

The first step in adopting legislation to review Georgia’s catalog of tax credit incentive programs has passed the state senate. Senate Bill 366 is the outgrowth of a series of public hearings held across the state to determine the efficacy of the tax breaks currently offered. Titled “Tax Expenditures Transparency Act of 2024,” the measure passed the Georgia Senate unanimously. In presenting the measure, Sen. Chuck Hufstetler (R-District 52), co-chairman of the Joint Tax Credit Review Panel, said it outlines a process to review the programs more regularly. Among the