Showing posts with label State of Alabama budgets. Show all posts
Showing posts with label State of Alabama budgets. Show all posts

Wednesday, November 9, 2022

Lawmakers must use historic surplus to protect Alabamians, not protect government

  Over the past month, there has been increased discussion amongst Alabama lawmakers about what state government should do with the historic $2 billion revenue surplus it amassed heading into fiscal year 2023. So far, the two main proposals have been using a fraction of the surplus to provide a one-time tax rebate to Alabamians or providing a rebate in combination with some form of targeted tax relief.

  Much of the surplus would go back into government and not be used to provide generational tax relief to all citizens.