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Mississippi will eliminate its income tax and cut the grocery sales tax to 5%, cutting roughly $1 billion from state coffers when all is said and done. Lawmakers are now negotiating a few details ...
Tax cut: Mississippi tax cut timeline ... told the Clarion Ledger the state phasing out its income tax, a net $1.9 billion cut to the state's budget, will only hurt the state's economy and ...
Mississippi is currently reducing its income tax rate to 4% from a previously passed tax cut being phased in ... the tax wouldn’t phase out unless the state saw robust economic growth and ...
Mississippi lawmakers voted to do something ... Then it could be phased out over the next decade if the state's economy grows. Lawmakers even passed the bill knowing there was a typo that allows ...
The legislation’s phrasing essentially allows the tax cut to occur immediately, regardless of whether the state is on target for its “economic triggers.” Mississippi is now the 10th state ...
The Mississippi State Senate ... said the House proposal slashes state revenues to give working people tax cuts. “This bill is the most substantial tax cut for Mississippians that this state ...
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