No variable specified
Voters get choice on freezing Ga. income tax rate
March 21, 2014 09:17 AM | 4107 views | 0 0 comments | 39 39 recommendations | email to a friend | print
Voters will decide whether to freeze Georgia's top marginal income tax rate at the current level of 6 percent.

State lawmakers gave final approval Thursday to a proposed constitutional amendment that would effectively freeze the state's current top marginal income tax rate.

If approved in a statewide vote, the Georgia Constitution would be changed so that state lawmakers could not raise rates above those in place on Jan. 1, 2015. The General Assembly adjourns for the year Thursday, meaning there is virtually no possibility that the top tax rate could rise above 6 percent before next year.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, spam, and links to outside websites will also be rejected. Please read our terms of service for full guides