Governor-backed bill would accelerate flat income tax cut to 4.99%; members seek cost details A governor-backed bill to speed the state's flat income tax cut to 4.99% drew extended questioning in committee over cost, triggers and regressivity; the sponsor said the state's surplus and rising revenues make the earlier cut feasible and details would be worked out offline.

Georgia's House Bill 1001 promises to slash the flat income tax rate to 4.99% three years ahead of schedule, but will it deepen wealth inequality?

Click to read more!

#GA #CitizenPortal #FiscalPolicy #IncomeTaxCut #GeorgiaTaxReform #WealthInequality

3/3: This is in addition to permanently repealing the carbon tax (not just pausing it with a regulatory rate change, as Liberals have done).

Conservatives will also not go ahead with the capital gains tax increase scheduled for January 1, 2026.

#yyc #cdnpoli #election2025 #incometaxcut