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Thursday, 25 February 2021

Mississippi lawmakers considering bill to change state taxes

Credit: WTVA ABC Tupelo, MS
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Mississippi lawmakers considering bill to change state taxes
Mississippi lawmakers considering bill to change state taxes
Feb. 23, 2021

Many mississippians economically.

But state lawmakers are considering a bill that would get rid of the state income tax in ten years and would eventually cut the grocery tax in half.

House bill 14-39 would not only cut those taxes.

It would raise other taxes to make up for the revenue losses.

For example, the state sales tax on many other items would jump from seven percent to nine and a half percent.

House speaker philip gunn is backing the bill saying it's a much better way to go.

"everybody participates in that.

Everybody who buys is sharing the burdens among mississippians.

Another thing is you're picking up out of staters who currently do not pay income tax."

Gunn discussed the legislation late this morning at the state capitol.

The full house could approve the measure and send it to the senate today.

Governor tate

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