SUMMARY: Governor Brian Kemp has announced a proposal to provide tax rebates to Georgia taxpayers next year, ranging from $250 to $500 per individual. This initiative, estimated to save over $1 billion for residents, comes as part of efforts to aid communities recovering from Hurricane Helen. Under the plan, single filers would receive $250, heads of household $375, and married couples filing jointly $500. This follows previous tax rebates and cuts, totaling over $6.6 billion in savings. The governor emphasizes that these funds belong to hardworking Georgians and aims to support recovery and growth in impacted areas.

Gov. Brian Kemp wants to return hundreds of dollars in tax rebates to Georgians next year.

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SUMMARY: Georgia Governor Brian Kemp announced a $1 billion income tax cut, providing $250 for single filers, $375 for heads of household, and $500 for married couples for the 2024 tax year. Kemp emphasized that this money belongs to taxpayers, not the government. House Speaker Jon Burns praised the state‘s ability to return money to citizens, citing a $19 billion budget surplus despite national economic challenges. Kemp stated that this tax relief effort, totaling $6.6 billion in recent cuts, will continue, especially to assist those affected by recent storms. The individual income tax rate will also gradually decrease.

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The post Tax cut would give back $1B back to Georgians | Georgia appeared first on www.thecentersquare.com

SUMMARY: Good afternoon everyone, and thank you for joining us for an important announcement affecting our hard work in Georgia. I’d like to thank First Lady Marty K.M. and key partners including Lieutenant Governor Bert Jones and Speaker of the House John Burns. Due to our conservative budgeting and historic job growth, I’m pleased to announce a tax rebate for workers as we approach the holiday season. Many Georgians are still recovering from recent storms and hurricanes, and we continue to seek relief for families facing high prices, as evidenced by my decision to suspend the state gas tax after Hurricane Helen.

Kemp and other legislative members held a news conference at the Georgia State Capitol Building.

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