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GBPI press statement issued Feb. 20 in response to governor’s revised tax cut plan introduced earlier that day: “Gov. Nathan Deal’s rushed tax cut plan is worrisome because slashing the income tax rate holds the potential for unintended consequences. Nobody knows what the effect of December’s federal tax cuts will be on Georgia next year or the year after. Nobody knows what kind of funding and economic challenges are on Georgia’s horizon. Without more clarity, a rate cut is fiscally reckless and jeopardizes the state’s ability to meet the demands of a growing population. Georgia continues to fall short of the state’s obligations to fully fund its public schools and broker a solution to extend affordable health care to hundreds of thousands of people. Instead, the governor and state leaders now propose to layer on another tax cut on top of the federal decrease, while sending a good portion of the spoils into the pocketbooks of the wealthiest Georgians. A cautious, measured approach to fully understand and realize the largely unknown impact of the recent federal tax changes had the support of state leaders until just last week. That remains the more prudent approach.”