Deal-O-Meter
Exempt initial $7,000 earned from taxes
As Governor, Nathan Deal will use his leadership as a fiscal conservative to reduce the bureaucratic burdens of the tax system by eliminating personal income taxes for all individuals with incomes below $7,000 per year and enacting a simple tax of 6% of income above this level."
Sources:
GA Politico, "Untangling Nathan Deal's Economic Plan," Aug. 24, 2010.
Subjects: State Budget, Taxes
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