A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed the Mississippi House with a bipartisan vote.
Democrats are reacting to a measure passed by the Mississippi House of Representatives that would lead to a complete overhaul of the state tax system. House Bill 1, also known as the Build Up Mississippi Act,
A Mississippi tax bill is touted to trim $2.2 billion in state tax. The plan would also result in an increase in transportation funding.
The Mississippi House passed a massive tax reform bill on Thursday, January 16. Lawmakers passed the “Build Up Mississippi Act” (House Bill 1) by a vote of 88-24. House Bill 1, authored by Rep. Trey Lamar’s (R-District 8),
Nine states reduced their tax rates effective Jan. 1, 2025, and one eliminated its income tax. Find out if you live in one of the states making big changes.
said the Tax Foundation in a report. The five other states that followed Arizona were Iowa, Mississippi, Georgia, Idaho and Louisiana, and flat-rate efforts were seriously considered, but not adopted, in Kansas, Missouri and Oklahoma. That has brought the ...
The tax train zoomed through the Mississippi House of Representatives. What Ways and Means Committee chair Trey Lamar calls “one of the most transformational pieces of legislation that this state
The professional organization, Sales & Marketing Professionals of Hattiesburg is celebrating the work of five of Mississippi’s leaders and/or businesses, organizations, and community events with the prestigious,
JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
The South may be tempting for retirees looking for warm climates and affordability, but some of those states could do better in the health care department.
Transformative but convoluted The Mississippi House deserves credit for coming up with an ambitious proposal to restructure taxes, one that over a decade would eliminate the state income tax — but increase sales taxes and gasoline taxes.