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That trigger, according to the bill's author, Sen. Josh Harkins, R-Flowood, intended to slow the income tax cut and spread it out over many years. The typo all but guarantees a much faster income ...
Even as the bill is signed into law, the state is still phasing down the income tax from a 2022 cut. By Fiscal Year 2027, the state will be set at a 4% income tax.
Several new laws are taking effect in Mississippi on July 1, 2025, including one that will gradually eliminate state income ...
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Mississippi State Auditor releases government waste study. How much and where can MS cut?A new study commissioned by State Auditor Shad White has found more than $335 million throughout various state agencies’ recurring budgets that he identifies as government waste. The study ...
JACKSON, Miss. (AP) — Mississippi Republican Gov. Tate Reeves said Wednesday that he will continue pushing lawmakers to phase out the state income tax, even with the possibility of federal ...
House Speaker Jason White addresses lawmakers during the legislative session at the State Capitol on Tuesday, Jan. 14, 2025. Credit: Eric Shelton/Mississippi Today A bill that phases out the state ...
Neva Butkus, a senior analyst at the Institute on Taxation and Economic Policy, estimated the state will lose $2.6 billion from its current $7 billion budget as a result of phasing out the income tax.
A new study commissioned by State Auditor Shad White has found more than $335 million throughout various state agencies’ recurring budgets that he identifies as government waste. The study ...
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