ATLANTA — Gov. Brian Kemp announced Tuesday that he wants another round of tax rebates.
While it still needs legislative approval, the rebate will probably happen and ultimately will save Georgia taxpayers over $1 billion.
Here’s his plan:
- Single tax filers will receive a one-time rebate of $250.
- Single, head-of-household filers will get $350.
- Joint tax filers will get $500.
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Kemp told Channel 2′s Richard Elliot the rebates could come in the spring of 2025.
“The reason we are here today is because with taxpayers that are out there watching this, we trust you better than the government to have this money back in your pocket,” Kemp said.
This is just the latest in a number of tax cut proposals made by the Kemp administration in the last few years.
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We were there in December when Kemp announced he wanted to slash the income tax rate at a faster rate than originally proposed. And in 2020, he got a similar tax rebate plan through the legislature.
Kemp’s latest proposal needs that approval, too and House Speaker Jon Burns signaled that shouldn’t be a problem.
“It’s a great day to celebrate yet another year of announcing that we’re returning money to where it belongs, the pockets of hard-working Georgians,” Burns said.
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While some Democrats believe that money should be spent on programs including Medicaid expansion, Kemp disagrees.
“The worst mistake that we could make would be to grow government with one-time money,” KeKemp said.
Elliot reached out to state Democrats for a response to the governor’s proposal, but he hasn’t heard back yet.