US Edition$1B Refund, Tax Cut Passed By GA Assembly
- The Georgia Senate approved a $1 billion tax refund, sending up to $500 to residents, as confirmed by Governor Brian Kemp's office.
- The state income tax rate will drop from 5.39% to 5.19% after the passage of House Bill 111 by a 30-23 vote.
- The income tax rebates would send up to $500 to married couples, with no additional action needed from residents for the refunds.
- Critics argue that the benefits of the tax cuts primarily favor higher-income taxpayers, as stated by Democratic Senators Derek Mallow and Elena Parent.
18 Articles
18 Articles
Georgia Legislature Passes Two Tax Relief Bills
ATLANTA – Georgia taxpayers will pay a little less after Gov. Brian Kemp signs two tax relief measures following their approval Thursday by the state Senate. “The final passage of these two measures today brings us one step closer to…
Lt. Governor Burt Jones Applauds Priority Passage: Income Tax Cut and Rebate - Americus Times-Recorder
Office of the Lt. Governor Burt Jones Today, Lt. Governor Burt Jones issued a statement in support of House Bill 111 and House Bill 112 receiving final passage in the Georgia Senate. “I have always been a proponent of eliminating our state income tax and putting money back in taxpayer pockets,” said Lt. Governor Burt Jones. “The final passage of these two measures today brings us one step closer to eliminating the state income tax, while providi…
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