Proposal: eliminate income tax, add 5% tax on gas, allow cities, counties to levy local sales tax
- A House committee passed a tax cut plan that aims to eliminate the state income tax over ten years and reduce grocery taxes from 7% to 2.5%.
- The plan introduces a new 5% gasoline tax expected to generate $400 million annually for road maintenance.
- House Speaker Jason White stated that the proposal will help build up Mississippi's competitive advantage.
- House Democratic Leader Robert Johnson III expressed concerns about future revenue shortfalls due to the tax cuts.
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Total News Sources0
Leaning Left2Leaning Right2Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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