Mississippi
State Rundown 3/30: Late-Session Surprises Leave Us Unimpressed
• By ITEP Staff
Several states have dropped a few late-session surprises, and from the looks of it, they’re not the good kind...
Women’s History Month is a Reminder that Sensible Tax Policy is Central to Women’s Economic Security
• By Brakeyshia Samms
Women’s History Month is a chance to remember what happens for women when tax policy becomes more progressive, boosts income, and helps make raising a family more affordable.
State Rundown 3/23: Spring Brings More Tax Happenings
• By ITEP Staff
Spring is around the corner and like those pesky allergies that come along with it, equally pesky tax proposals continue to pop up in states across the U.S....
State Rundown 3/16: The Scramble to Curb Rising Gas Prices is On
• By ITEP Staff
Rising gas prices have lawmakers around the country searching for ways to ease the pressure on consumers and almost half the states are considering reducing or temporarily repealing their gas tax, but another idea is taking hold...
State Gas Tax Holidays are Nothing to Celebrate
• By Carl Davis
It’s unlikely that state gas tax holidays will meaningfully benefit consumers, and they come with risks for states’ infrastructure quality.
Pennsylvania Capital Star: GOP plan would be a tax hike for 35% of Pa. residents
March 9, 2022
The share of households facing tax hikes would vary across states, according to an analysis by the Institute on Taxation and Economic Policy, ranging from a low of about 24 percent in Washington State to high of roughly 50 percent in Mississippi, which is among the poorest states in the country. Read more
A Better Alternative: New Mexico Prioritizes Targeted, Temporary Tax Cuts
• By Marco Guzman
New Mexico stands in stark contrast to the many examples of poorly targeted tax-cut proposals currently being considered around the country.
New 50-State Analysis: Poorest Two-Fifths Would Bear the Brunt of Sen. Rick Scott’s Proposed Tax Increase
• By ITEP Staff
“Billionaires are getting richer, and some of them are altogether avoiding taxes or paying a tiny percentage relative to their income and wealth. The 2017 tax law further worsened inequality by giving huge tax breaks to the rich. It’s inconceivable that a lawmaker would propose to single out the most vulnerable households for higher taxes.” --Steve Wamhoff
State-by-State Estimates of Sen. Rick Scott’s “Skin in the Game” Proposal
• By Steve Wamhoff
A proposal from Sen. Rick Scott would increase taxes for more than 35% of Americans, with the poorest fifth of Americans paying 34% of the tax increase.
SOTU and GOP Response Highlight Dramatic Difference in Parties’ Tax Policy Approach
• By Aidan Davis, ITEP Staff, Jenice R. Robinson
Since last year, multiple states across the country have proposed or are pursuing costly income and other tax cuts that are heavily tilted toward the highest-income households. State advocates have worked to beat back these proposals and sounded the alarm about the long-term consequences of tax cuts, but legislatures (most GOP-led) continue to introduce and approve top-heavy and permanent tax cuts. This state tax-cut fervor took center stage last night when Gov. Kim Reynolds of Iowa…
State Rundown 2/23: Temporary Surplus, Permanent Cuts
• By ITEP Staff
Several state legislatures are continuing to push ahead this year with significant tax cut packages that are regressive and would dramatically reduce revenues and leave states in a bad position should they experience another unexpected economic shock...
American Prospect: The Year of the Tax Cut
February 17, 2022
State lawmakers are also pointing to substantial, but temporary, budget surpluses to justify tax cuts, but these surpluses are “deceptive and fleeting,” says Neva Butkus of the Institute on Taxation and Economic Policy (ITEP), a Washington think tank. Twenty-three states lowered their revenue estimates compared to pre-pandemic levels, and 19 states counted delayed fiscal year […]
State Rundown 2/16: Spending Priorities Emerge as the Votes Are Counted
• By ITEP Staff
State lawmakers have been busy working out deals and negotiating how best to use excess revenues, and as the votes are beginning to come in, spending priorities are becoming clearer...
State Rundown 2/10: Dems Also Set Sights on Tax Cuts
• By ITEP Staff
While record state revenue surpluses have led to big pushes in red states to make unnecessary permanent income and corporate tax cuts, Democrats are also getting in on the tax-cut mania...
One Voice: Eliminating Individual Income Tax is Bad for Mississippi
• By ITEP Staff
House Bill 531 would eliminate the state individual income tax. Eliminating the income tax is bad for Mississippi, especially the state’s working families, communities of color, and retirees. While some lawmakers are suggesting that Mississippi’s revenue system is sound enough to support this tax cut, due to the current surplus, this couldn’t be further from […]
State Rundown 2/2: The First Tax Cut Domino Falls…
• By ITEP Staff
One-time payments have become a common theme around the country, as Idaho is one of roughly eleven states with plans to provide tax relief in a similar fashion...
State Rundown 1/26: States Offering Preview of Tax Themes and Trends for 2022
• By ITEP Staff
Governors and legislators are beginning to settle on and advance tax bills that could drastically shape the future of their states and several trends and themes are beginning to emerge...
State Rundown 1/20: Governors Eyeing Tax Cuts in Yearly Addresses
• By ITEP Staff
A common theme is emerging out of states, as governors around the U.S. begin the year with their annual state speeches, and the news does not bode well for long-term growth and sustainable budgets...
Mississippi Is the Latest in a String of States Pursuing Short-Sighted, Top-Heavy Tax Cuts
• By Kamolika Das
Not only is Mississippi's latest tax proposal deeply inequitable, the state simply cannot afford it.
State Rundown 1/13: The Tax Cuts Cometh, But There Is a Better Way
• By ITEP Staff
As expected, with the start of many new legislative sessions around the country, lawmakers have introduced a slew of tax cut plans following better-than-expected budget outlooks that have, so far, weathered the impact of the pandemic...
The New Trend: Short-Sighted Tax Cuts for the Rich Will Not Grow State Economies
• By Neva Butkus
The same legislators who touted tax cuts for the rich as solution to our problems before the pandemic are also saying tax cuts for the rich are a solution during the pandemic. Tax cuts cannot be a solution to everything, especially at a time when the richest Americans are amassing more wealth than ever.
Investing in a Joint Future: Harnessing State Tax Codes
• By Aidan Davis
Rather than resorting to tax cuts, which can eventually create revenue shortfalls, lawmakers should determine whether they have adequately invested in people and communities. There are better ways to leverage tax systems to help those who need it most.
State Rundown 1/5: New Year, Same Old Playbook
• By ITEP Staff
The new year often brings with it a reinvigorated commitment to new goals and a fresh perspective on how to accomplish them, but it seems like lawmakers in states around the country are giving up already...
State Rundown 11/23: Thankful for Tax Advocates Like You!
• By ITEP Staff
Here at ITEP we want to give thanks and say we’re grateful for all of the hard work that advocates in states across the country are doing to secure progressive tax policy victories...
State Rundown 10/13: Haven Sent Edition
• By ITEP Staff
The release of the ‘Pandora Papers’ showed once again that states and their tax systems play an important role in wealth inequality, and in this case, worsening it...
