Repeal energy tax, says Dougherty County commissioner
Tue, 10 Jan 2012 07:30:00 GMT —
Dougherty County commissioners and others are hoping this legislative session will see the energy tax repealed.
Industries in Georgia have to pay a 7 percent sales tax on energy consumption.
States surrounding Georgia such as Florida and Alabama do not implement an energy tax--making it more likely for an industry to locate there.
Dougherty County commissioners and others believe this is causing the state to lose valuable industries and jobs and are asking legislators to do away with it.
"We pay sales tax on energy that some of our sister plants--that's plants within our own company--don't pay and we compete against those plants for volume," says Vince Falcione, Chairman of the Georgia Industrial Group which is made up of 34 of the largest energy consumers in the state.
Representatives say Georgia would lose $160 million in revenue if the tax were repealed.
A decision should be made during the session that began this week.