Middle class tax cut articles
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Kemp signs measure to speed up Georgia's income tax cut
(The Center Square) — Georgia Gov. Brian Kemp signed a series of tax bills Thursday, including a measure to speed up a decrease in the state's personal income tax rate. House Bill 1015 lowers the individual income tax rate from 5.49% to 5.39% for the tax years starting Jan. 1, 2024. It decreases the rate by 0.1% annually starting Jan. 1, 2025, until it reaches 4.99%. "Georgians work hard to earn a living, and they should keep more of what they earn," Tony West,...
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Legislature approves tax cut package, Governor says she will veto
The Kansas Legislature adjourned on Tuesday after approving a new tax cut package. The new proposal is a slight modification of the previous plan that Governor Laura Kelly had vetoed. The bill would restructure income taxes into
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Yellen Feigns Ignorance of Biden Vow to End the Trump Tax Cuts
Biden said Trump-enacted tax cuts “are going to stay expired and dead forever if I’m re-elected.” In a House Ways and Means Committee hearing with Treasury Secretary Janet Yellen today, she was asked about statements by President Biden vowing to end the Trump tax cuts if elected to a second term. The Biden vow means […]