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Georgia tax revenue up nearly 2% in September
Over the past year, net tax revenue collections have increased by $64.5 million.
Tagged income tax
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Kentucky meets conditions for lawmakers to cut income tax in 2026
Since Republican lawmakers passed a tax overhaul in 2022, the personal income tax has gradually been reduced by increments of a half-percentage point, conditioned on meeting benchmarks.
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New Georgia laws regulate hemp products, set standards for rental property and cut income taxes
Other laws took effect when Gov. Brian Kemp signed them, including a measure signed May 1 that compels jailers to check the immigration status of inmates.
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Arkansas governor signs income, property tax cuts into law
The measures will cut the state’s top individual tax rate from 4.4% to 3.9% and the top corporate rate from 4.8% to 4.3%, retroactively, beginning Jan. 1.
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Virginia lawmakers set to take up Glenn Youngkin’s proposed amendments, vetoes in reconvened session
Youngkin embarked on a series of public events during which he blasted what he called the “backward budget,” criticizing lawmakers for including a sales tax expansion to digital products that he initially proposed.
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Arkansas Gov. Sarah Huckabee Sanders urges lawmakers to pass budget as Session kicks off
‘If you send me a budget that funds critical services for Arkansans while slowing the growth of government, I will sign it.’
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Mississippi state budget is expected to shrink slightly in the coming year
Mississippi is in the process of reducing its personal income tax under a law that Republican Gov. Tate Reeves signed in 2022.
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Georgia bills in doubt at deadline include immigration crackdown, religious liberty protections
Here’s a comprehensive rundown of what’s alive, what’s on life support, and what’s already dead.
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Virginia General Assembly set to open 2024 Session with Democrats in full control of the Capitol
About a third of the Assembly’s membership will be newly elected to their respective chamber. The Capitol will see new historic firsts in representation and a new generation of leadership.
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Gov. Glenn Youngkin wants to cut income taxes and raise the sales tax in proposed Virginia budget
Sales taxes are often considered regressive because low-income taxpayers pay a higher percentage of their income on sales taxes than high-income taxpayers.