Georgia Lawmakers Agree on Income Tax Cut to 3.99%
Legislation proposes phased income tax cuts to 3.99% with increased standard deductions, projected to cost $600 million in the first year, amid debate on benefits distribution.
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9 Articles
Georgia House and Senate Republicans on parallel course to reduce state income tax rate
ATLANTA — One thing that Georgia’s House and Senate can agree on after finishing the first round of this year’s legislative session is that the state income tax rate should continue falling. Friday was the deadline for lawmakers to vote…
Georgia House, Senate Republicans on parallel courses to reduce state income tax rate
The Georgia House and Senate have passed bills to reduce the state income tax rate to 3.99%, with the House also proposing an increase to the standard deduction, while Democrats argue that the tax cut will disproportionately benefit the wealthy. The Current is an inclusive nonprofit, non-partisan news organization providing in-depth watchdog journalism for Savannah and Coastal Georgia’s communities.
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