Skip to content

Business

Business  |  Magnolia Tribune  • 
March 1, 2021

NFIB: With the Income Tax Bill, ‘The Devil’s in the Details’

NFIB State Director Dawn Starns McVea released the following statement today on HB 1439, legislation that would phase out the state income tax over 10 years: “While our members support the idea of eliminating the state individual income tax, the devil’s in the details, and HB 1439 would end up helping some small business owners but raising taxes on specific industries such…
Business  |  Magnolia Tribune  • 
February 25, 2021

Empower Mississippi Releases Dynamic Modeling on Elimination of Income Tax

Empower Mississippi has released a new report that provides dynamic modeling under two scenarios for eliminating the income tax, a comparative analysis that demonstrates that states without income taxes can both sustain reasonable government spending and thrive economically, and some policy considerations for lawmakers weighing transformative tax reform. Empower Mississippi began this project last year. It was…