A $500 stimulus check will be given to some Americans as an accelerated refund

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Georgia taxpayers would receive a tax credit of $250 to $500, depending on the governor’s proposal.

Boosted reimbursement for eligible applicants.

Enhanced Reimbursement Under State Proposal

Many people believe that many state agencies are underfunded compared to pre-pandemic levels, so his plan is unlikely to gain traction. Education and health care have both been cut from the budget. Some see his proposal as a way to boost his popularity ahead of his re-election campaign. Governor Kemp wants his government to give single taxpayers a $250 refund. Co-filers may be eligible for a $500 tax credit.

Details are still being worked out, according to a representative of the Governor’s office, but the proposed tax refund would be voted by the General Assembly. The government will receive instructions from the Department of Revenue on how to proceed with the additional tax refunds, according to the spokesperson. “I believe that excess money should be returned to the hard-working men and women who keep our state running because it’s your money, not the government,” Kemp said.

Proposed tax refund

When budgets seems to have stabilized, the state restored approximately $648 million to the education budget. Tax refunds would be paid out of additional revenue in fiscal year 2022. The budget surplus, according to the state Representative Josh McLaurin (D-Sandy Springs), could have gone into chronically underfunded areas like education and health care, which have been hit hard during the pandemic. Due to the impact of COVID-19, Georgian lawmakers spent 10% when creating the budget for fiscal year 2021 in the summer of 2020.

Democrats will always support putting money in the hands of workers who know their needs, McLaurin added. However, this appears to be an election ploy; there are a multitude of objectives that the state has ignored, so making a short payback rather than tackling these issues head-on seems unwise.

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