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Mississippi House passes income tax elimination plan

The Mississippi House of Representatives passed House Bill 1, known as the Build Up Mississippi Act, by an 88-24 vote on January 16, 2025.
The bill aims to phase out the state's income tax and reduce the grocery tax, which is currently the highest in the country at 7%.
House Speaker Jason White stated that the passage of HB 1 is a monumental step towards the largest tax cut in Mississippi's history.
The bill will now proceed to the Senate, where it may undergo revisions or amendments before potential approval.

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ITEP

Lean Left

Mississippi Considers Deep Tax Cuts Amidst Budget and Economic Uncertainty

At a time when states across the country are forecasting deficits or anticipating slowing revenue growth, Mississippi lawmakers are debating deeply regressive and expensive tax cuts that would overwhelmingly benefit their state’s richest residents. Nearly one in five adults and one in four children live in poverty in Mississippi. Cutting revenues while shifting taxes away from the state’s richest residents to low- and moderate-income families …

1 month ago

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Action News 5

Center

Hernando mayor supports MS tax reform bill - ‘Everybody wants to get rid of the income tax’

The tax reform bill moving through the Mississippi legislature has some local leaders excited for the potential benefits.

3 months ago·Memphis, United States

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Associated Press News

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Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan

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

3 months ago·United States

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WAPT

Center

House passes bill to eliminate income tax

Would overhaul Mississippi tax system

3 months ago·Jackson, United States

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Mississippi Free Press

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Mississippi House Votes to Eliminate State Income Tax

Excerpt (max 50 words): The Mississippi House passed a plan to phase out and ultimately eliminate the state income tax while reducing the grocery tax and implementing a new gas tax. The post Mississippi Income Tax Elimination Plan Passes House, Includes New Gas Tax and Grocery Tax Cut appeared first on Mississippi Free Press.

3 months ago

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WJTV

Center

Mississippi House committee advances income tax elimination plan

JACKSON, Miss. (WJTV) - The 2025 Mississippi Legislative Session will resume on Thursday, January 16 with a House vote pending on a massive tax reform bill. House Bill 1 remains in play after it was passed by the House Ways and Means Committee on Tuesday, January 14. Supporters of the bill emphasize saving money for working Mississippians, but others worry that such a cut in revenue will drain funding for essential services. “It affects your bon…

3 months ago·Jackson, United States

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