Jan. 17, 2025 10:40 AM EST
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes passed the House of Representatives with a bipartisan vote on Thursday.
House Bill 1 — authored by Republican Rep. Trey Lamar of Senatobia and other House leaders –...
Jan. 15, 2025 11:57 AM EST
A House committee passed a major tax cut plan on Tuesday evening that would eventually abolish the state income tax, reduce taxes on groceries, increase local sales taxes and provide more money for road work.
The plan would over time cut about $1.1 billion from the state’s current...
Jan. 13, 2025 16:08 PM EST
House leaders on Friday unveiled a sweeping tax cut proposal that would eventually abolish the state income tax, slash taxes on groceries, increase local sales taxes and shore up funds for state and local road work.
The plan would over time take more than $1 billion from current...