A major state income tax cut signed by Republican Georgia Gov. Brian Kemp as he seeks reelection could eventually total more than $2 billion, but the reductions may only happen by a 2029 target date if state revenue holds up.
For Kemp, Tuesday’s signing was a tax-cutting triumph as he touted not only the newly flat income tax, but also a $1.1 billion income tax refund and the zeroing out of nearly $400 million in fuel taxes for more than two months.
“We’re doing our part to lessen the pain on people’s wallets here in Georgia,” Kemp said. “And today we will put into place a more long-term system of relief. I strongly believe that government should take in the very least amount possible needed to serve the people properly.”
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