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JACKSON, Miss. (WTVA) — Several new Mississippi laws went into effect on Tuesday. New laws include the elimination of the ...
State lawmakers passed a slew of bills in both regular and special sessions in 2025 that become laws on July 1.
Mississippi Is Ditching Its Income Tax. ... Last month, the Tax Foundation found that Texas' economy grew roughly 35 percent faster than Oklahoma's over the last two decades, ...
Mississippi will implement some of the most significant tax reform in modern history. The grocery tax will drop from 7% to 5% ...
Mississippi lawmakers voted to do something that other GOP-led states have been talking about: eliminating the state income tax. But it's not clear where the state will get the money it needs.
A 2022 Kentucky law reduced the state's income tax rate and set a series of revenue-based triggers that could gradually lower the tax to zero. But unlike in Mississippi, the triggers aren't automatic.
Sweeping education gains, record economic development, and now, elimination of its income tax place Mississippi in a unique position. It’s winning.
The Mississippi law cuts the individual income tax rate to 3% by 2030, with triggers that may drive future annual decreases until it ultimately falls to 0%. ... according to the Tax Foundation.
Low income tax makes states a magnet for investment. As noted by the Mississippi Center for Public Policy (MCPP), since the state reduced its income tax to a flat 4 percent in 2022, the ...
Low income tax makes states a magnet for investment. As noted by the Mississippi Center for Public Policy (MCPP), since the state reduced its income tax to a flat 4 percent in 2022, the ...
The poorest state in the nation just passed bold tax reform that empowers workers, attracts investment, and simplifies the system. It’s a model worth copying. Mississippi Is Ditching Its Income Tax.