Mississippi’s decision to eliminate the tax without raising another tax to offset the general fund loss comes as President Donald Trump’s administration and the GOP-controlled Congress are considering sweeping budget cuts and freezing federal grants that fund many state services.
Posted by LegitimateFoot3666
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“Beginning in 2027, the new law will reduce that rate by .25% over four years until it reaches 3%. In 2031, the tax will only be reduced if certain revenue “growth triggers” are met.”
conveniently by the genius senators of Mississippi had a typo for the growth trigger so now that is void.
Criminal robber barons up to their usual schemes, looting my state with their pet stooge Reeves. Mississippi is a colony, not a state.
https://sfo2.digitaloceanspaces.com/itep/wp7-chart-total-Mississippi.png
the combined effective state/local taxes will get even more bottom heavy. these republican states all love taxing the shit out of their poor