JACKSON, Miss. (AP) – Mississippi Gov. Tate Reeves says he’s releasing information about his state budget proposals for the year that begins July 1.
He says his ideas include the possible elimination of the state income tax. Legislators often ignore budget proposals from any governor.
Reeves could face bigger challenges than usual because of uncertainty caused by the coronavirus pandemic.
The individual income tax is one of the largest sources of Mississippi tax collections. The state collected about $5.8 billion from all sources during the year that ended June 30. About $1.8 billion of that came from the individual income tax.
High income tax, high property tax or high sales tax. You always get 2 out of 3 no matter where you live.
South Dakota has no income tax, property taxes similar to the other 6 states I’ve lived in and a sales tax of 7.5%. If you don’t waste the tax dollars, you don’t need as many.
but who the fuck wants to live in SD……. Ms. Noem not withstanding?
An income tax is illegal in TN. Works for us. Can’t have toll roads either.
Monkey-President Elect, It really is very good here right now, so we don’t want an influx of others to crowd up the place. No one wants to move here. Hear me? No one wants to move here. Look a the spinning watch…you are getting sleepy…no one wants to move here.