By Taylor West
Just over a year into the new Title Ad Valorem Tax system, the technical kinks are being worked out and people are adjusting to the changes, but those changes have created systematic winners and losers.
The TAVT, which officially began March 1, 2013, replaced the 7 percent sales tax and annual ad valorem tax, or Birthday tax — and is going to cost Georgia’s local counties and school systems millions.
“We are starting to see where the money is going to flow,” said Athens-Clarke County Tax Commissioner Mitch Schrader. Read the rest of this entry »