FOR IMMEDIATE RELEASE
Jennifer Yarber, Director
Shawna Mercer, Sr. Communications Specialist
ATLANTA (August 27, 2013) – Sen. John Albers (R –Roswell) has released the following statement regarding a recent article released by Bankrate.com, an online aggregate website for banking and financial information, claiming that Georgia is the most expensive state for car ownership:
“An article recently released by Bankrate.com entitled “car ownership costs by state” has caused many of my constituents to question whether this data accurately reflects Georgia car ownership and tax rate costs.
“Recognizing the state’s heavy tax burden on automobiles, my colleagues and I made it our number one priority during the 2012 session to pass a comprehensive tax reform package aimed at putting more money back into the hands of Georgia taxpayers. One of the key provisions of this tax plan featured a gradual elimination of Georgia’s Ad Valorem or Birthday Tax. This critical change to Georgia tax law was not reflected in Bankrate’s report, and as a result, the tax data for 2013 and beyond should be reduced significantly.
“I have contacted Bankrate.com to update the analysis and report based on current information. The recent reduction in taxes is a direct result of the strong GOP majorities in the Georgia Legislature along with the leadership of Governor Nathan Deal.
“On behalf of the citizens of the 56th Senate District and Georgians throughout the state, I remain committed to reducing taxes and burdensome regulations. I appreciate the willingness of my constituents to reach out to my office and am open to discussing the matter further should you have additional questions or concerns.”
# # # #
Sen. John Albers serves as Chairman of the State Institutions and Property Committee. He represents the 56th Senate District which includes portions of North Fulton and Cherokee counties. He may be reached at his office at 404.463.8055 or by email at email@example.com.