After a bruising fight between Mississippi’s House and Senate, the Legislature passed a significant income tax-reduction bill on Sunday, doing away with the state’s lower tax bracket and shearing 1% off of the top bracket. The total cut to revenue will amount to $524 million after the plan fully phases in by 2026.
“Power is power, and it always deserves more sunshine, not less. All Mississippi Free Press journalists believe in that principle and, like Nick Judin in recent weeks, will try to bring you the information others would rather you not have. This is exactly what “truth to power” means, and we’re dedicated to it.”