New Georgia Senate Committee to Mull Repealing State Income Tax
9 Articles
9 Articles

New Georgia Senate committee to mull repealing state income tax
ATLANTA – Lt. Gov. Burt Jones Thursday announced the creation of a state Senate committee that will consider eliminating Georgia’s income tax. Jones, who presides over the Georgia Senate, announced last week he will seek the Republican nomination for governor…
Lt. Governor Jones announces new Georgia senate committee on eliminating Georgia’s income tax - Americus Times-Recorder
Today, Lt. Governor Burt Jones announced the creation of the Georgia Senate Committee on Eliminating Georgia’s Income Tax.“Last year alone, nine states cut individual income taxes, and three others cut corporate income taxes,” said Lt. Governor Burt Jones. “In fact, among southeast states, only South Carolina currently has a higher income tax rate than Georgia. If we wish to remain the number one state for business and keep our state competitive…
Mr. Arthur Lira (PP-AL), rapporteur of a project aimed at increasing the exemption from the Income Tax for incomes up to $5,000, expressed his desire to have advanced further on the taxation of dividends. However, he acknowledged that the text was developed “in the possibility of voting and approval”. “For my will, people had made much more progress on the issue of dividends. Always defended this in a clear way”, said the former President of the…
The deputy made changes to last week's text: he resumed the mechanism for reducing the minimum tax for high income earners and proposed an exemption for dividends accumulated until December 31st.
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