(Jackson, MS): The Mississippi Center for Public Policy continues to push for the elimination of the State Income Tax.
"The House has produced a plan that hands back to taxpayers much of the billion-dollar surplus in the state budget. Unfortunately, the counter-proposal that the Senate has now come up with leaves politicians free to spend that money instead," said President & CEO Douglas Carswell. "The Senate plan cannot credibly be called a tax elimination plan. I am not certain that it does much to reduce the amount of tax people pay at all."
Under the Mississippi House of Representatives tax plan:
Underthe Mississippi Senate tax plan:
Senior Director of Policy & Communications Hunter Estes said, "Mississippians deserve to keep more of their own money. We’re glad that our legislators are coming together to recognize this. However, one of these proposals is far stronger than the other. Our political leaders ought to stick to the promises made to their constituents and commit to a full repeal of the income tax, as proposed within the House plan."
The Mississippi Center for Public Policy believes the state needs real tax real tax relief, and repealing the income tax would be both a moral and economic good, leading to higher incomes, competitiveness, and prosperity for all Mississippians.
While both the Senate and House plans give commendable tax cut proposals, the House plan carries the most promise as a catalyst for true tax relief and long-term growth. Rather than merely giving Mississippians tax breaks that are well-intentioned but non-transformative, the time has come for state leaders to give the people meaningful tax relief.
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