Current location:Earthly Elements news portal > world
Georgia governor signs income tax cuts as property tax measure heads to November ballot
Earthly Elements news portal2024-05-21 12:53:14【world】4People have gathered around
IntroductionATLANTA (AP) — Georgians will owe less in income taxes this year and will get a chance in November t
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%.
Address of this article:http://centralafricanrepublic.nanorelatosmagicos.com/article-42e499501.html
Very good!(62645)
Related articles
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Bodies of foreign aid workers transferred to Egypt from Gaza
- Gang violence takes toll on Haiti health facilities: UN
- Mainland spokesperson voices support for law enforcement patrols around Kinmen
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- One in 10 Germans becomes victims of identity theft: survey
- (Chengdu Universiade) China's pandas endure as symbol of cross
- Police warn of traffic safety risks ahead of Qingming Festival
- Six killed in a 'foiled coup' in Congo, the army says
- Final survivor of USS Arizona after Pearl Harbor attack dies at 102
Popular articles
Recommended
Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
NASA's Europa Clipper survives environmental testing to prepare for launch in October
Paris prepares for 100
Bangladesh mulls to suspend services of Facebook, YouTube: minister
Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
ECB leaves interest rates unchanged
Chinese premier chairs meeting to solicit opinions on economic work
Israeli troops withdrawn from Gaza to prepare Rafah operation: defense minister
Links
- Growing Vegetables — at Home
- Marine Scientist Pursues Dream by Studying Coral
- Altay: Birthplace of Skiing
- Campaign Advocates Green, Low
- Zhang Yufei wins women's 100m butterfly at Hangzhou Asiad
- Sheng: Ancestor of Free
- Rural Woman Helps Villagers Attain Wealth by Growing Vegetables
- University Graduate Returns Home to Help Farmers Attain Wealth by Breeding Goats
- Family's Virtues Nourish Younger Generations
- Volunteer Work Enriches Family's Happiness