Get all your news in one place.
100's of premium titles.
One app.
Start reading
Kiplinger
Kiplinger
Business
Kate Schubel

Georgia Could Be Latest State to Eliminate Income Taxes

Colorful buildings along historic downtown street in Savannah Georgia .

Folks are typically thinking about summer travel or last-minute beach holidays this time of year. But in Georgia, lawmakers have something else in mind: Eliminating the state’s income tax.

While Georgia is already on a set schedule to gradually reduce its income tax rate over the next several years, a recent announcement by Lt. Gov. Burt Jones’ office has stirred discussion about eliminating the Peach State's income taxes — permanently.

“If we wish to remain the number one state for business and keep our state competitive, we must expand on the progress made over the past four years to eliminate Georgia’s income tax,” wrote Jones in the press release.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.