ATLANTA (AP) — Georgians will owe less in income taxes this year and will get a chance in November to vote to cap increases in how homes are valued for property taxes.
Republican Gov. Brian Kemp on Thursday signed measures cutting income taxes by a projected $700 million on residents and businesses. The income tax cuts are retroactive to Jan. 1.
“All of these bills help keep money where it belongs — in the pockets of our hardworking families,” Kemp said during a signing ceremony in Augusta, Georgia.
Election-year tax cuts are always popular in the state, and all 236 state House and Senate seats are on the ballot this year. All the measures were supported by at least some Democrats, while receiving overwhelming Republican support.
Georgia’s personal income tax already dropped on Jan. 1 to a flat tax of 5.49%. Before that, the state had a series of income tax brackets that topped out at 5.75%.
Eleanor Tomlinson puts on a leggy display in sparkly black minidress as she joins co
San Francisco sues Oakland over new airport name that includes 'San Francisco'
Katie Price reveals her plans to REDUCE her surgically enhanced assets
Kourtney Kardashian is 45! The reality TV star and wife of Travis Barker gets heart
Brewers starter Joe Ross leaves after first inning vs. Marlins with lower back strain
Woman dies after riding on car's hood and falling off, police say
Wesley Bryan would rather be at Hilton Head. He's leading in the Dominican Republic
Emily Brown and Susanna Tapani each score as Boston returns from 24
The 13 style rules that every midlife woman MUST follow (and yes, beige really is banned!)
Brazil's president creates two new Indigenous territories, bringing total in his term to 10
My fiancé died on the morning of our wedding day
Alleged homicide suspect fatally shot by police in San Francisco Bay Area