The Legislature on Saturday killed a $7 billion state budget mostly due to disagreements between the House and Senate on ...
The “Build Up Mississippi Act” will cut the individual income tax rate to 3% by 2030, followed by future annual decreases until the tax becomes 0%.
Mississippi is eliminating income tax, but critics warn of a $2.6B budget gap, higher regressive taxes, and service cuts.
With the passage of HB1, the Mississippi Legislature has taken a bold step that will reshape our economy and unlock new ...
Mississippi has made history as the first state in the U.S. — aside from oil-rich Alaska — to pass legislation ...
Governor Tate Reeves (R-Miss.) signed House Bill 1, which eliminates the state’s individual income tax. The signing took ...
For years, Arkansas and other Southern states have bandied the phrase “Thank God for Mississippi,” an at-least-we’re-not-last ...
Mississippi Governor Tate Reeves signed House Bill 1 into law on March 27, setting the state on a path to eliminating income ...
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 not to levy ...
Mississippi GOP Gov. Tate Reeves signed an income tax elimination bill that will increase the rate of income tax elimination.
With a stroke of a pen, and a few light-hearted jokes, the Build Up Mississippi Act, the largest total tax cut in state history was signed into law on March 27.