HomeNewsKemp inks $1.1 billion state tax refund

Kemp inks $1.1 billion state tax refund

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by Dave Williams | Mar 23, 2022 | Capitol Beat News Service

ATLANTA – Gov. Brian Kemp signed legislation Wednesday providing Georgia taxpayers a $1.1 billion tax refund.

The one-time windfall for taxpayers is the result of unexpectedly strong state tax collections that have left Georgia with a flush budget surplus.

“When government takes in more than it needs, I believe those dollars should be returned to the taxpayer, because that is your money – not the government’s,” Kemp said. “In Georgia, we are … putting taxpayer dollars back in the pockets of hardworking Georgians.”

The refund is included in the $30.3 billion mid-year budget the governor signed last week. It provides a tax credit to Georgians who filed state income tax returns for the 2020 and 2021 tax years.

Single taxpayers will receive a $250 refund. Married taxpayers filing jointly will get $500.

Taxpayers who have already filed their taxes for tax year 2021 will not need to adjust their returns. They will receive their refund by paper check or direct deposit, depending on which method they indicated on their tax return.

This story is available through a news partnership with Capitol Beat News Service, a project of the Georgia Press Educational Foundation.

5 COMMENTS

  1. Okay, I’ll take it. Funny how things like this occurs sometime before the election. Hmmmmm… I can’t wait until Biden announces what he’s going to give to the Non working Americans…….. If he hasn’t already. I cant even watch the news any more besides ONA or Newsmax, and then only about 10 minutes at the top of the hour. This is the only newspaper (online) I will read.

    • Speaking of Biden. What do you think of an American President leaving behind machine guns, helicopters,bullets, and all kind of military equipment for the Taliban. And is so slow to react to equip the Ukrainians to defend themselves from Russia. Just imagine he could have taken it all from Afghanistan and dropped it all off In Ukrain. And to those of you who are still voting Democrat, all I can say is you are stuck on stupid!

  2. I am thankful that Georgia is in a good fiscal position coming out of the pandemic. While many disapprove of Kemp, I am not one of them. We are in the shape we are due to his leadership. I am thankful he marched to his own drum rather than lock step with the Fed’s. Did he make mistakes, yes, but overall he worked for the best interests of the citizens of Georgia. Think carefully prior to voting – be careful what you wish for.

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