Inauguration: Jan 2019 2 GA Next Election: 2022 State Control Party Party Republican Republican OVERALL RANK

PREVIOUS GOVERNORS AND PARTY AFFILIATION Results Rank (1=best, 50=worst): 2011-2019 A situational measure based on 2003-2011 2 the state’s economic outcomes 1999-2003 (equal-weighted average).These variables are highly influenced by 1991-1999 the Governor’s policy. RESULTS RANK SENATE 38% 63% Policy Rank (1=best, 50=worst): Democrat 21 Republican 35 A Measure of policy stances and decisions based on each Governor’s 7 legislative history regarding 6 key HOUSE areas (equal-weighted average).

42% 58% POLICY RANK

Democrat 75 Republican 105

KEY PERFORMANCE INDICATORS RANK ABOUT GOVERNOR BRIAN KEMP TAX POLICY Georgia continues its position as one of the leading states Sales, Personal Income, Fuel, and Other Tax Changes 24 of the “New South” in Governor Brian Kemp’s coveted second-place ranking out of all 50 governors. After taking office in 2019, Gov. Kemp ranks among the top SPENDING POLICY 10 governors in fiscal policy and economic performance. Proposed and Enacted Changes in State Spending 12 Gov. Kemp also ranks sixth for his efforts in making Georgia well-prepared for unforeseen economic shocks. Georgia’s budget shortfall was one of the lowest of any CARES POLICY state during the COVID-19 pandemic, due in large part Handling of Federal Funds as of July 2020 18 to the Governor’s leadership in re-opening the economy, and well-managed state savings allowed Georgia to avoid more painful sending cuts. Ample state savings also UNION POLICY Public Employees, Public Employee Raises, allowed Georgia to provide aid to workers and businesses and Prevailing Wage Laws 2 hurt by the economic shutdown without raising taxes. Gov. Kemp’s leadership prior to and during the COVID-19 pandemic has allowed Georgia to emerge from the crisis WELFARE POLICY better prepared than nearly any other state. Governor Welfare Spending per Capita 5 Kemp has also shown leadership in resisting calls for a federal bailout of the states. EDUCATION POLICY School Choice Participation, NAEP Scores, and per Pupil Spending 17

ALEC | American Legislative Exchange Council 2020 THE LAFFER-ALEC REPORT ON ECONOMIC FREEDOM GRADING AMERICA’S 50 GOVERNORS

RESULTS

12 9 6 10

DEBT RANK SPENDING RANK PREPAREDNESS RANK ECONOMIC RANK

TAX POLICY DATA RANK

State Spending Top Marginal Personal Income Tax Rate 5.75% Yearly Spending per GSP, 2009-2019: 25

11% Top Marginal Corporate Income Tax Rate 6.40% 21 10% Personal Income Tax Progressivity Inauguration (change in tax liability per $1,000 of $7.90 9% income) 23

8% Property Tax Burden $26.80 (per $1,000 of personal income) 19 ’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16 ’17 ’18 ’19

Sales Tax Burden $20.59 (per $1,000 of personal income) 21 2020 Unemployment Rate Monthly Unemployment Rate from January to July, 2020: Remaining Tax Burden (per $1,000 of personal income) $12.44 30% 3

25% Estate/Inheritance Tax Levied No 20% 1 15% 13% Recently Legislated Tax Changes 10% 9% 8% 8% (2018 & 2019, per $1,000 of personal $0.74 income) 34 5% 5% 3% 3%

0 Debt Service as a Share of Tax Revenue 6.0% Jan Feb Mar Apr May Jun Jul 24

THE LAFFER-ALEC REPORT ON ECONOMIC FREEDOM GRADING AMERICA’S 50 GOVERNORS