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Monday, April 16, 2007

Tax cut for Georgia seniors

Governor Sonny Perdue’s tax cut for seniors is back on the legislative table. Late last week, the bill was one of several tacked onto House bills in the Senate. It's expected to come up for a vote in the Senate today.

Perdue’s proposal was thought to be dead, but lawmakers got the bill around rules that say it must pass at least one chamber at a certain point of the Assembly.

The bill to eliminate taxes for Georgia-retirees would benefit mostly those in the top-10 percent of income brackets. This is the scheduled final week of the 2007 legislative session.

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