Tuesday, November 10, 2009

Not. Effective. Policy.

Wow.

While the overall tax revenues for Georgia fell by 18 percent in October, the state's corporate income taxes bottomed out into the red. The corporate tax revenue was -$4.9 million, which is astounding when you consider that the state gave out $5 million in refunds last year.

That's insanity. Absolute insanity.