She has never gotten over the toll tax, believes the racists among us belong in the Iron Bar, problem is she is the one going to the Iron Bar. She says that we are coming for everyone.

Stacey Abrams faced significant personal financial challenges during her 2018 Georgia gubernatorial campaign, including over $54,000 in IRS tax debt, $56,000 in credit card debt, and student loans. She explained these stemmed from supporting her parents and niece, and she later entered a payment plan, with her 2022 filings showing her debts as resolved following high income from books and speeches. [1, 2, 3]

Key Details on Financial Issues:

• IRS and Personal Debt: During the 2018 race, it was disclosed she owed the IRS, which she addressed by entering a payment plan, making monthly payments of \(\$1,000\) since early 2017. She also reported having \(170,000\) in combined credit card and student debt at that time.
• Campaign Finance Scrutiny: Critics pointed out that while she carried personal tax debt, she loaned her 2018 campaign \(\$50,000\), which she defended as a personal decision to invest in her candidacy.

Resolution of Debt: By 2022, financial reports indicated her personal debt issues were resolved, with income over \(\$1.5\) million from the Harry Walker Agency and over \(\$3.5\) million from a literary agency for her books.
Campaign Debt (2022): After her 2022 loss to Governor Brian Kemp, the campaign reported over \(\$1.4\) million in debt following a massive fundraising effort, according to Axios.
Nonprofit Violations: In 2025, the New Georgia Project, a group she founded, was fined \(\$300,000\) by the Georgia ethics commission for campaign finance violations related to her 2018 run.