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News  |  Magnolia Tribune  • 
February 23, 2022

LATINO: Another Path to Income Tax Repeal

Submitted by Russ Latino “There is middle ground to be found that could be “just right” if people are serious about delivering transformative tax relief to Mississippians, as they should be.” In the classic children’s story of Goldilocks and the Three Bears, the title character finds herself in a situation of testing three bowls of…
News  |  Sarah Ulmer  • 
February 23, 2022

Mississippi Senate passes its tax cut plan with immediate rebate for taxpayers

The Senate’s plan would eliminate the 4 percent bracket over four years, leaving only the 5 percent income tax bracket.  The Mississippi Senate has passed their version of a tax cut. While the plan is not a full elimination of the state’s individual income tax, it does offer an immediate reimbursement between $100 and $1,000…