One Voice: Eliminating Individual Income Tax is Bad for MississippiITEP Work in Action
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 the truth. The state’s surplus is not enough to support much-needed investments in the public services that Mississippians want, like quality schools, affordable healthcare, solid infrastructure, safe neighborhoods, and affordable housing ― nor is it enough to support yet another tax cut that largely benefits the state’s wealthiest.