NFIB, a major small business advocacy group in Georgia and across the country, is closely examining the proposed Georgia HOME Act as lawmakers consider new tax relief measures.
Hunter Loggins, NFIB State Director, stated, “Small business owners support responsible tax relief. While state and federal taxes have come down, local government taxes have continued to go up.”
Loggins also expressed satisfaction that the legislature is focusing on tax relief but warned against policies that could negatively impact small businesses. “We are very pleased the legislature is making tax relief a priority, but caution that they don’t unintentionally shift more taxes on to the backs of hardworking small businesses,” he said.
He further noted current challenges facing small businesses: “Small businesses are dealing with higher labor costs, insurance premiums and inflation. Shifting the tax burden onto businesses would make it harder for them to grow, hire workers or even keep their doors open.”
Loggins emphasized the need for equitable solutions. “Tax reform should be fair, balanced and sustainable,” he said. “Lawmakers should ensure that relief for one group does not come at the expense of small business owners who are the backbone of Georgia’s economy.”
