"Georgia Governor Kemp Proposes Fast-Track for State's Largest Income Tax Cut"
TL;DR
Georgia Governor Brian Kemp is introducing legislation to accelerate the decrease in the state individual income tax rate. The amendment will bring the tax rate for Tax Year 2024 down to 5.39%, a cut of 36 basis points from the previous rate. The move is estimated to save Georgians approximately $1.1 billion in 2024 and is part of the governor's efforts to provide relief to families burdened by the current economic situation.
- Gov. Kemp introduces legislation to ‘accelerate’ largest income tax cut in state history WSB Atlanta
- Kemp, lawmakers announce plan to 'accelerate' Georgia income tax cut FOX 5 Atlanta
- Gov. Kemp announces plan to accelerate Georgia income tax cut 11Alive.com WXIA
- Georgia's governor and top Republican lawmakers say they want to speed up state income tax cut The Associated Press
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