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Big Georgia income tax cuts would come with costs to residents
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6 Articles
Gwinnett Daily Post
Big Georgia income tax cuts would come with costs to residents
ATLANTA — Republican senators are pitching giant income tax cuts to make Georgia more affordable, a plan that Democrats warn could lead to fewer government services or sales tax hikes.
Some lawmakers say big Georgia income tax cuts would come with costs to residents
An income tax relief proposal has cleared the Georgia State Senate, but the consequences for the state's budget and public services remain a major point of contention. Critics warn that the ambitious tax cuts could lead to unintended consequences for taxpayers.
On December 12, despite hours of opposition from Democrats, Georgia Senate Republicans passed a bill to lower the state's individual income tax while cutting some business tax credits. Senator Blake Tillery, a Republican from Vidalia currently running for Lieutenant Governor, spearheaded the bill. He stated that the legislation "aims to address the affordability crisis for the middle class" by "putting people first in business..."
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