ATLANTA (AP) -- Gov. Nathan Deal has signed legislation that gradually eliminates the annual car tax, cuts taxes for married couples and gives perks to businesses.
The Republican governor said Thursday when he signed the bill that the changes will make Georgia "a better place to run and grow a business." State lawmakers earlier passed the legislation by wide margins.
Under the plan, married couples will get a $2,000 increase in the amount of income they can shield from the state's income tax.
Georgia will also slowly phase out the annual tax on motor vehicles. People buying cars or trucks after March 1, 2013, will pay a one-time tax that tops out at 7 percent. They will no longer get an annual property tax bill pegged on the value of their vehicle.
|Get the ingredients you need to cook with Rach all week long.|
|Full length exclusive concerts from hot artists.|
|Take a break!
Classic Pacman, Frogger, Asteroids and more.
Sell almost anything locally.