Explore Mississippi's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Mississippi compares ...

But more than 13 states, including Mississippi, are not bound to fully uphold the clause when it comes to state tax, per the Tax Foundation. More states, including Arkansas and Wisconsin, could ...

Mississippi Is Ditching Its Income Tax. ... Last month, the Tax Foundation found that Texas' economy grew roughly 35 percent faster than Oklahoma's over the last two decades, ...

TUPELO • An influential conservative think tank has deemed a proposed overhaul of Mississippi’s tax structure as “momentous” but urges caution and careful deliberation over the bill’s ...

Beginning next year, Mississippi’s income tax rate will drop in 0.25 percent increments, sliding from 4 percent to 3 percent by 2030. After that, further reductions will hinge on the state’s ...

Mississippi lawmakers voted to do something that other GOP-led states have been talking about: eliminating the state income tax. But it's not clear where the state will get the money it needs.

A 2022 Kentucky law reduced the state's income tax rate and set a series of revenue-based triggers that could gradually lower the tax to zero. But unlike in Mississippi, the triggers aren't automatic.

Mississippi has set aside $3.5 million dollars in tax credits for the effort for 2022. The state’s tax incentive is brand new, but by September, nearly $550,000-worth of credits were already ...

Low income tax makes states a magnet for investment. As noted by the Mississippi Center for Public Policy (MCPP), since the state reduced its income tax to a flat 4 percent in 2022, the ...