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Georgia’s Plan to Eliminate Income Taxes Would Burden Businesses

Eliminating the income tax in Georgia would lead to future revenue uncertainty, undermining the state’s business-friendly reputation.

A Georgia special legislative committee proposal to eliminate the state income tax by 2032 may sound like an appealing way to reduce tax burdens. But the proposal lacks specifics on how the state would offset the loss of revenue. Revenue shortfalls c… [4904 chars]

Source: Bloomberg Tax News | Published: 2026-01-29T09:30:03Z

Credit: Bloomberg Tax News

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