Which tax contributes to almost half of the state revenue in Georgia?

The state income tax is the primary source of revenue for Georgia, contributing significantly to the overall budget. This tax is levied on individual earnings and is structured in a graduated manner, meaning that higher income earners pay a higher percentage. In Georgia, the income tax plays a crucial role in funding essential services such as education, public safety, and infrastructure maintenance.

Sales tax does contribute a substantial portion to state revenue, but it does not match the income tax in terms of the overall percentage. Property tax is more dominant at the local government level rather than the state level. Corporate tax revenues, while important, typically make up a smaller fraction of the total state revenue compared to individual income taxes. Understanding the different revenue sources and their contributions helps clarify the fiscal structure of Georgia's government and highlights the importance of the income tax in maintaining state operations and services.