US EditionGeorgia Republicans Push Through Last-Minute Income and Property Tax Cuts
The package lowers rates faster, raises deductions and exempts tips and overtime, while Republicans say it offsets costs by repealing tax credits.
- On Friday, the Georgia General Assembly approved tax legislation during the final hours of the 2026 legislative session, sending the package to Gov. Brian Kemp for his signature.
- Republican lawmakers sought to deliver tax relief amid high inflation, though proposals to completely eliminate state income or property taxes failed to advance in their original forms.
- The legislation accelerates income tax cuts, lowering the rate from 5.19% to 4.99%, while increasing standard deductions to $15,000 for single filers and $30,000 for married couples.
- Democrats opposed the legislation, with Sen. Josh McLaurin, D-Sandy Springs, calling it "completely fiscally irresponsible" and Senate Minority Leader Harold Jones II, D-Augusta, terming it a "cynical attempt at electoral politics."
- Future income tax deductions remain contingent on revenue growth exceeding 3% annually, as mandated by the House, while lawmakers approved a $38.5 billion 2027 budget funding retiree pensions and literacy coaches.
19 Articles
19 Articles
Georgia legislature approves state income tax cut, raising deductions while dropping some credits
Georgia lawmakers approved a plan to speed up cutting the state’s personal income tax on the final day of the legislative session. Thursday night, both the House of Representatives and Senate approved House Bill 463, also known as the Georgia Economic Growth and Tax Relief Act of 2026. At the beginning of the year, Republican leaders in the Senate said they would be backing a proposal to abolish Georgia’s personal income tax by 2032. The approve…
Georgia lawmakers cut income and property taxes in late-night vote
Georgia House and Senate Republicans with competing agendas managed to push through income and property tax cuts as the curtain closed on the 2026 Georgia legislation session after midnight Friday. The Senate did not get its elimination of income taxes. The House did not get its elimination of property taxes. But both taxes would become […] The post Georgia lawmakers cut income and property taxes in late-night vote appeared first on The Georgia …
Rockdale Citizen & Newton Citizen
Georgia Republicans push through last-minute income and property tax cuts
ATLANTA — Georgia House and Senate Republicans with competing agendas managed to push through income and property tax cuts as the curtain closed on the 2026 Georgia legislation session after midnight Friday. The Senate did not get its elimination of…
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