Georgia Fair Share Press Conference to Call on Congress to Close Corporate Tax Loopholes

Local leaders and activists will gather in front of the Coca-Cola Headquarters on Wednesday, February 20th, to spotlight a Georgia-based corporation that has not paid its fair share of taxes in recent years and to call on Congress to vote for a budget deal that will end tax loopholes for corporations and rebuild our economy here at home. As we move towards the March 1st sequester deadline, Congress must agree on a package of cuts and revenue before across-the-board spending cuts go into effect. That decision will have a big impact on Georgia, where we are still working hard to rebuild the local economy and fund our public schools.

Speakers will outline Atlanta’s most pressing economic problems, and make the case for a simple solution: if we close corporate tax loopholes and outdated subsidies, we can raise $200 billion a year to spend on our priorities. Here in Georgia, we are losing $569 million in state tax revenue because of corporate tax loopholes.  Georgia’s Congressional Delegation should demand that corporations pay their fair share so that we can solve our budget problems, fund our public schools, and put more people to work here in the Atlanta metropolitan area.