The governor of the U.S. state of Georgia has announced the signing of a "historic" tax cut package into law on 18 April 2024. This includes House Bill (HB) 1015, which revises the individual income tax rate reduction schedule introduced by HB 1437 in 2022. HB 1437 provided that the individual income tax rate would be 5.49% for tax years beginning on or after 1 January 2024 and reduced by 0.10% per year until reaching a tax rate of 4.99% for tax years beginning on or after 1 January 2029. The reduction each year is subject to certain state revenue...