Georgia income tax revenue continues to rise despite years of rate cuts approved by the General Assembly.
A report released Tuesday by Gov. Brian Kemp’s office shows individual income tax collections rose 1.9% to $3.9 billion in the first three months of fiscal year 2026, which began July 1.
If revenue continues to rise, it may boost plans for further cuts to the state’s income tax rates . Supporters say reducing the rate encourages people and businesses to move to the state, increasing revenue.
Some Republicans — including Lt. Gov. Burt Jones, who is running for governor next year — want to go further. They’re studying ways to eliminate the income tax altogether, a move they say is needed to keep Georgia competitive with other states.
Opponents say cutting income taxes amounts to