Georgia's state taxes on gasoline and diesel will be suspended for another month after Gov. Brian Kemp extended the tax rollback in a Friday executive order.
A person pumps gas on Sept. 12, 2023, in Marietta, Ga. Georgia’s governor Brian Kemp on Friday, Oct. 6, 2023, continued his rollback of state taxes on gasoline and diesel fuel through Nov. 11, 2023. ATLANTA — Georgia’s state taxes on gasoline and diesel will be suspended for another month after Gov. Brian Kemp extended the tax rollback in a Friday executive order.
The Republican governor last month revived what was a campaign tactic during his reelection bid in 2022, when he signed a law suspending the gas tax with broad bipartisan support. Kemp signed seven separate extensions after that, with the state forgoing an estimated $1.7 billion in revenue from March 2022 to January 2023.
Kemp says tax relief for Georgians helps them deal with inflation, although most economists say giving consumers more money typically increases inflation as well. Georgia can easily afford to make up for the lost cash, which is used mostly for roadbuilding. Not only is its rainy day account full, but it has roughly $10 billion in additional surplus cash in state accounts. The state is also likely to run another multibillion-dollar surplus this year.
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