Governor cuts budget after income tax bill creates $1.3 billion hole
State News – Georgia
An income tax cut bill that the governor signed into law Monday has caused a $1.3 billion revenue shortfall for next year’s budget, which takes effect in July. Gov. Brian Kemp, who is term-limited and serving his final year in office, had budgeted for an income tax cut that would lower the rate from 5.19% […] Continue reading this story from the source →
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