Georgia governor signs income tax cuts as property tax measure heads to November ballot
Release time：2024-05-19 10:11:53 Source：Global Grid news portal
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%.
- Previous：Hezbollah leader vows continuous conflict with Israel to support Gaza
- Next：Mongolia suspends transfer of citizens due to parliamentary elections
Related articles
- Houston windstorms: Once
- Women's Social Organizations Provide Caring Services to Children
- Federation Publicizes Top Cases Involving Women, Children's Rights, Interests
- Federation Cultivates 'Legal Docents' to Help Residents Protect Rights
- Digital shift in manufacturing given priority
- Hejian Helps Residents Resolve Family Disputes
- Organizations Work Together to Strengthen Protection of Changzhou Women's Rights
- Six Women Elected Members of CAS, CAE
- North Korea fires ballistic missile toward sea, South Korea's military says
- Fuzhou Establishes Women Employees' Rights
- Resilience, potential, fundamentals of Chinese economy remain sound
- Prefecture Strives for Better Protection of Women with Revised Law
- Federation Improves Women's Rights
- Hunan Strengthens Girls' Legal Protection
- Memphis man gets 80 years in prison for raping a woman a year before jogger’s killing
- Fuzhou Establishes Women Employees' Rights
- Federation Publicizes Top Cases Involving Women, Children's Rights, Interests
- Promoting Laws
- Judge says South Carolina can enforce 6
- Association Promotes Development of Scientific, Technological Women Workers
Random recommendation
- Copyright © 2024 Powered by Georgia governor signs income tax cuts as property tax measure heads to November ballot ,Global Grid news portal sitemap