Several new laws are taking effect in Mississippi on Friday, which is also the first day of the new state budget year.Teachers and assistant teachers will get pay raises.The state will start a four-year reduction of its income tax.Mississippi is becoming the final state... Read More.
The Mississippi Legislature has sent Governor Reeves the largest tax cut in state history. The bill would trim the state income tax to a single four per cent bracket over a four-year period. Mississippi currently has tax brackets of four and five per cent. ... Read More.
Mississippi Gov. Tate Reeves says he's not ruling out a special legislative session to push for eliminating the income tax if the House and Senate reach an impasse.The two chambers are advancing different versions of tax cut bills.They need a single plan to send... Read More.
Some senators argued it was too much while some said it didn't go far enough. But the vote Wednesday was 40 to 11 to pass a plan to cut taxes in Mississippi. The bill would phase out the four per cent income tax bracket... Read More.