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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.
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 ...
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.
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 ...
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 ...
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 ...
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, dubbed ...