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Having already rolled back Georgia’s income tax rate in recent years, the theme this year is property tax relief. While the state does not levy property taxes, local property taxes are a sore ...
“Given the large increase in home values across Georgia in recent years, many school districts, cities, and counties have been able to count on a boost in revenue without raising tax rates year ...
A 2024 study by The Perryman Group for NFIB and Citizens Against Lawsuit Abuse found that excessive lawsuits in Georgia – the ‘tort tax’ – cost a family of four an average of $5,592 a year ...
Economy – The coalition plans to propose tax reforms within four days, which include reducing income tax to 15%, exempting small businesses (with a turnover under 400,000 GEL) from VAT, and lowering corporate tax to 5%. Gvaramia noted that these changes would benefit around 75% of businesses in Georgia, particularly small and medium-sized ...
Several elections took place in the U.S. state of Georgia in 2024. The general election was be held on November 5, 2024. A presidential primary took place on March 12, 2024, while the primary for the U.S. Houses and other offices were on the ballot on May 21, 2024.
In early 2023, Georgia's state legislature denied the Georgia Secretary of State's $25 million request to implement the 2022 security update for Dominion Voting Systems machines before the 2024 elections. However, QR codes will be eliminated by 2026 in favor of text the voter can read to ensure their ballot was marked correctly.
The legislation, which was proposed by the governor, will accelerate a state income tax reduction that took effect this year, rolling back the income tax rate from 5.49% to 5.39%.
For now, the phased-in tax cut sets the state income tax rate for 2024 at a flat 5.49%, down from the current 5.75%. The tax rate will continue to decline annually, arriving at 4.99% in 2029.