Blog

Mississippi Considers Deep Tax Cuts Amidst Budget and Economic Uncertainty

February 26, 2025 • By Neva Butkus

At a time when states across the country are forecasting deficits or anticipating slowing revenue growth, Mississippi lawmakers are debating deeply regressive and expensive tax cuts that would overwhelmingly benefit their state’s richest residents.

Eliminating Income Taxes Would Be an Expensive Giveaway

March 20, 2024 • By Aidan Davis

Governors and legislative leaders in a dozen states have made calls to fully eliminate their taxes on personal or corporate income, after many states already deeply slashed them over the past few years. The public deserves to know the true impact of these plans, which would inevitably result in an outsized windfall to states’ richest taxpayers, more power in the hands of wealthy households and corporations, extreme cuts to basic public services, and more deeply inequitable state tax codes.

Mississippi Is the Latest in a String of States Pursuing Short-Sighted, Top-Heavy Tax Cuts

January 19, 2022 • By Kamolika Das

Not only is Mississippi's latest tax proposal deeply inequitable, the state simply cannot afford it.

Eliminating the State Income Tax Would Wreak Havoc on Mississippi

August 25, 2021 • By Kamolika Das

History has repeatedly shown that such policies harm state economies, dismantle basic public services, and exacerbate tax inequities.

Trickle-Down Myths Swamp Tax Policy Debates in Mississippi and West Virginia

March 15, 2021 • By Aidan Davis

Recent proposals in both Mississippi and West Virginia seek to pare back, and ultimately eliminate, each state’s income tax while shifting the responsibility of funding services even more onto low- and middle-income taxpayers through increased consumption taxes. The states are moving forward with this tax experiment even though a similar experiment notoriously and immediately sent Kansas into a financial tailspin.

GOP Legacy on IRS Administration: Auditing Mississippi, not Microsoft

January 24, 2020 • By Matthew Gardner

Money doesn’t buy happiness—but it can buy immunity from the reach of Uncle Sam. The IRS is outgunned in cases against corporate giants because that’s how Republican leaders want it to be. They have systematically assaulted the agency’s enforcement capacity through decades of funding cuts. Instead of saving money, these cuts have cost billions: each dollar spent on the IRS results in several dollars of tax revenue collected.

State Rundown 11/8: Online Sales Tax Fight and Tax Subsidy Absurdity Go National

November 8, 2017 • By ITEP Staff

Internet sales tax fairness efforts gained momentum this week as most states joined together to encourage the US Supreme Court to allow them to collect taxes on online sales. Meanwhile, Montana lawmakers will enter special session next week to plug their revenue shortfall, Mississippi's (self-inflicted) revenue crunch is reaching unprecedented severity, and misguided corporate tax subsidies got mainstream attention from HBO's John Oliver and Rolling Stone.

State Rundown 6/28: States Scramble to Finish Budgets Before July Deadlines

June 28, 2017 • By ITEP Staff

This week, several states attempt to wrap up their budget debates before new fiscal years (and holiday vacations) begin in July. Lawmakers reached at least short-term agreement on budgets in Alaska, New Hampshire, Rhode Island, and Vermont, but such resolution remains elusive in Connecticut, Delaware, Illinois, Maine, Pennsylvania, Washington, and Wisconsin.