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Mississippi House Speaker Philip Gunn signaled that he will not follow through on threats to make the use of $1.8 billion in federal relief funds dependent on the success of his push to eliminate the state income tax.
“The clock is ticking” on spending federal funds that would provide Mississippi with economic relief, alleviate hospital shortages and repair ailing infrastructure and more, Lt. Gov. Delbert Hosemann warned in an MFP Voices piece today.
The Mississippi Senate approved legislation to reduce the state income tax by hundreds of millions of dollars, despite caution from opponents who questioned the wisdom of doing so while education, roads and other public infrastructure remain critically underfunded.
Mississippi’s K-12 public-school teachers may still get a $1,000 pay raise after lawmakers in the House and Senate reached a last-minute agreement. Some feared the raise could become a casualty amid a legislative impasse over a House tax-reform bill.
More than half of working Mississippians would no longer pay state income taxes starting next year under a bill Republican House Speaker Philip Gunn touted today as “probably the most extraordinary policy change that we’ve ever done—at least in my book.”
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