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1 Mar 2021, 2:55 am by Kevin Kaufman
Table of Contents Key Findings Introduction Proposed Individual Income Tax Phaseout Proposed Sales Tax Changes Proposed Excise Tax Changes Conclusion Key Findings Mississippi House Bill 1439 would phase out the state’s individual income tax by making the personal exemption more generous over time, funded by increases to sales and excise tax rates and the dedication of future revenue growth to the tax’s elimination. [read post]
13 Oct 2020, 6:25 am by Kevin Kaufman
For example, states that pursue education or infrastructural improvements—both quite important—may have to wait years or decades before reaping the economic benefits of those actions, but changes to a state’s tax code can spur investment and growth both quickly and sustainably.[2] When states make tax changes, they do not do so in a vacuum. [read post]