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Mississippi income tax elimination bill awaits governor's approval

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JACKSON, Miss. (WJTV) - A bill to eliminate Mississippi's income tax is heading to Gov. Tate Reeves' for his signature. However, a potential error in the trigger language of the bill is raising concerns for some lawmakers.

There was a motion to reconsider the error on the House floor on March 21, but the motion was tabled.

House Bill 1 would cut the income tax by a quarter of the percentage point each year, staring in 2027 with future cuts tied to economic growth. As it's currently written with the potential error, the state would have $2.2 billion less in revenue through 2037 over a 12-year period.

“If you have 85% of the $400 million would be the trigger. Well, now it’s .85%, which means that that trigger would not go into effect in, say the next five, six or seven years. That trigger would go into effect this year, which means that we could come in here in January and be making it as large as $1 billion in cuts from our budget," said House Minority Leader Robert Johnson III (D-District 94).

Reeves said on social media that he would sign the bill. He also said future tweaks can be made in future legislation.


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