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Repeal, replace, restore hb277
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Transcript of Repeal, replace, restore hb277
REPEAL, REPLACE, RESTORE HB277: REPEAL GEORGIA TRANSPORTATION
INVESTMENT ACTBY
VIOLA DAVISCEO/FOUNDER
UNHAPPY TAXPAYER AND VOTER
• How does HB 277, better known as Georgia Transportation Investment Act, works?
• Well, you have over 159 counties in Georgia divided into 12 districts.
• If all the counties in Georgia were to give two dollars to invest in transportation, a portion will be invested in Georgia’s transportation and the rest will be returned to the individual counties.
When 149 counties place their two dollars into the plate, they get back $1.25 thus investing 75 cents in Georgia’s transportation
• The 10 counties left over makeup Metro-Atlanta.
• When 8 of the 10 remaining counties, excluding DeKalb and Fulton Counties, place their two dollars in the plate, they get back $1.15 thus investing 85 cents in transportation.
• When the two remaining counties of DeKalb and Fulton place their two dollars in the plate, they get back 15 cents thus investing $1.85 in Georgia’s Transportation.
• Once Again,• 149 counties invest 75
cents out of $2.00• 8 counties invest 85 cents
out of $2.00• 2 counties invest $1.85 out
of $2.00This investment will begin
after 2012 if HB277 is passed by the voters.
• Since Georgia has 159 counties, how much money do 157 counties invest today in Georgia’s transportation in the form of a transportation tax?
• Answer: Zero!
• What do the remaining two counties of DeKalb and Fulton pay toward investment in Georgia’s transportation today?
• Answer - DeKalb and Fulton have paid a 1% transportation tax for the operation of MARTA for over 30 years which went from 23 million dollars per month in 2002 to 31 million dollars per month in 2010.
• Now, who is really investing in Georgia Transportation?
• Don’t drink the Kool Aid! Research the facts before you vote in 2012.
www.unhappytaxpayer.com
www.georgiachronicle.net
Publisher:Viola Davis