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%.
Haleigh Bryant helps LSU gymnastics advance to team finals at NCAA women’s championship
Xi says China to cooperate with Micronesia on infrastructure, climate change
Donald Trump and Lindsey Graham are again at odds, now over abortion
Young Chinese adopt intelligent tech for agricultural production
Seattle Storm become 2nd WNBA team to open their own practice facility
Shirley MacLaine has a laugh with friends while enjoying lunch in Malibu
Cyberspace pledges set to narrow divide
World's first mountaintop impact crater found in NE China
Golden Bachelor star Theresa Nist's daughter gushes Gerry Turner will always be 'family'
New study interlinks super dust storm, aerosol radiative feedback
Israelis grapple with how to celebrate Passover, a holiday about freedom, while many remain captive
World Internet Conference Wuzhen Summit kicks off