For most Atlantans a drive to downtown Atlanta can be as simple as turning a corner and driving a few short blocks. For others it means a very calculated trip with many details to execute an on time arrival to their destination.
A 25-mile trip that should take about 25 to 30 minutes can take an average of one full hour or more. For those Georgians living outside the city limits they have moved there for the great school systems, affordable homes with space for their families to grow, and to have a retreat from the hustle and bustle of life in the city.
The commuters of Georgia are a diverse group of bankers, entrepreneurs, students, medical professionals, single moms, hospitality professionals, young upcoming leaders, and much more. The “Untie Atlanta” campaign will not only affect Atlanta, but the entire state of Georgia.
The Georgia Transportation Investment Act of 2010, also known as House Bill 277, is a regional opportunity for cities and counties of Georgia to have an additional funding source for transportation projects.
According to Atlanta Regional Commission, Executive Director, Douglas R Booker there will be more than 153 simultaneous projects around the state. If the citizens of Georgia vote this act as law on Tuesday July 31, it will create 12 special districts that can levy a 1 percent sales tax to fund eligible transportation projects. How will this influence building wealth or personal spending?
It is projected that by 2040 at least 200,000 jobs will be created or supported by the transportation referendum. Employing more Georgians and increasing spending power. During the recent economic downturn construction jobs were significantly impacted. According to research provided by the Atlanta Regional Commission this referendum will create or support 34,000 jobs in the construction industry. When citizens of this state are gainfully employed it critically increases the chances to build personal and family wealth.
If the Transportation Investment Act passes will Georgians have learned the right money lessons taught by the recession of 2008? The Federal Reserve Bank notes in May 2012 retail sales across the state decreased, and home purchases rose. Is this a prediction of what the future will look like during the next 10 years after the referendum is passed?
There has been much talk of the referendum passing and its measurable outcomes. If it doesn’t pass others cities like Dallas, Texas, Seattle, Washington, and Miami Florida will take advantage of the many companies seeking new places to relocate their corporate headquarters.
Georgia is home to many national brands such as Home Depot, UPS, Wendy’s Corporation, and most recently Newell Rubbermaid, and Kia. Not passing the referendum could mean a threat to personal and business financial growth in the form of job loss, tax income loss, and inefficient public transportation access.
The Mayor of Atlanta, Kasim Reed, has been a champion along with other Georgia leaders to bring major corporations to the state. In addition Savannah, Georgia is the most used United States port for Chinese importing and exporting. With the busiest international airport and more than 1000 logistical companies located in Georgia, it will be important to help Georgians know how passing or not passing this act will impact their families and communities.
So you decide, will this new act provide an opportunity for you to build wealth through commerce, or will it change your spending habits because someone has to pay the 8.5 billion dollar price tag? Before you go vote get educated at www.untieatlanta.com.