ATLANTA — Georgia's House speaker on Tuesday proposed a $1 billion tax cut that would create a flat state income tax with a 5.25% tax rate, raise the amount of income exempt from taxation and eliminate many deductions.
Ga. House GOP leadership seeks $1 billion income tax cut
![](https://statesboroherald.cdn-anvilcms.net/media/images/2022/03/03/images/tax.max-1200x675.jpg)
![Georgia House Speaker David Ralston announces plans for a $1 billion state income tax cut on Tuesday, March 1, 2022, at the Georgia Capitol in Atlanta. Ralston and other Republicans say rapidly growing state revenue enables a cut.](https://statesboroherald.cdn-anvilcms.net/media/images/2022/03/03/images/tax.max-752x423.jpg)
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