(Forsyth County, GA) Two rounds of tax relief packages may be coming to Forsyth County, and the rest of Georgia, over the next year.
However, this depends on if Governor Brian Kemp is re-elected this November. If so, he plans to return $2 billion worth of budget surplus back to Georgians.
On Thursday, August 11, Kemp announced his plans for the two tax relief packages.
The first is a $1 billion income tax rebate which would return
- $250 to single filers
- $375 to single filers who are heads of household
- $500 to married couples filing jointly in 2023
This tax relief package is similar to the one that was passed earlier this year.
The second tax relief package, also worth $1 billion, would return an average of $500 to homeowners to relieve the high property taxes Georgians were hit with this year. Homeowners must be receiving a regular homestead exemption to be eligible.
Kemp said this break will save each homeowner 15 to 25 percent on their local property tax bill in 2023.
“For young Georgians just getting settled into their first home or parents sending their kids off to college, unforeseen jumps in property values and local tax bills only add to the uncertain times we are in,” Kemp said. “This will put real money back in the pockets of hardworking Georgians.”
In an email sent to his constituents, State Senator Greg Dolezal voiced his support for the tax relief packages.
“We have all faced higher property taxes as valuations have increased,” Dolezal wrote. “And I look forward to being able to provide some much deserved relief.”
The Democratic candidate for Governor, Stacey Abrams, has expressed criticism of Kemp's financial plans in the past.
The Capitol Beat reported that campaign spokesperson Alex Floyd said that Abrams has brought up the idea of tax relief packages for middle and working-class Georgians. The spokesperson said that Kemp's plan still favors the wealthy.
“Kemp’s plan would give tax handouts to millionaires while he still refuses to expand Medicaid and lower healthcare costs for Georgians,” Floyd said. “Georgians need relief today.”
If you have a news tip in Forsyth County, contact Justine Lookenott at firstname.lastname@example.org.
To learn more about tax relief packages in Georgia and Forsyth County, read “Additional refunds heading to Forsyth County taxpayers.”