Georgia tax collections fell by 4.5 percent last month compared to December of last year, Gov. Nathan Deal announced Tuesday.
The decrease in revenue was attributed primarily to a huge increase in income tax payments in December 2017 by taxpayers looking to take advantage of the tax cuts Congress passed that month. However, December 2018 also marked the second consecutive month state revenues fell, following a slight decline of 0.7 percent in November.
Individual income tax receipts last month…
Atlanta Business Journal
Georgia tax collections down for second consecutive month