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re: Mississippi just eliminated state income taxes.
Posted on 3/28/25 at 7:48 am to bhtigerfan
Posted on 3/28/25 at 7:48 am to bhtigerfan
Amendment 2 is the first step to get there.
Posted on 3/28/25 at 8:12 am to bhtigerfan
Do you think that the government is going to be happy just giving up that money? They will just get it with a different tax.
Posted on 3/28/25 at 8:25 am to Tchefuncte Tiger
quote:it's not the goverment's money. Screw off.
to compensate for the loss of income taxes?
Posted on 3/28/25 at 8:27 am to bhtigerfan
quote:
Mississippi just eliminated state income taxes.
Why can’t Louisiana do this?
Because Louisiana voters are stupid and elect stupid lawmakers.
Posted on 3/28/25 at 8:40 am to _Hurricane_
We left Louisiana behind today. Moving to the great state of Florida.
Posted on 3/28/25 at 8:48 am to theCrusher
quote:
Amendment 2 is the first step to get there.
Amendment 2 is a 100+ pages of pork and garbage.
If they wanted to lower income tax, make that the only item to vote on.
If they wanted to "give teachers a $2000 raise" make that a single line item.
Posted on 3/28/25 at 8:49 am to bhtigerfan
Ole Miss and Miss St. finna' eat. NILs bout to do work.
Posted on 3/28/25 at 8:54 am to FriedEggBowL
quote:
Damn son. Google the shite. It isn't hard. A consumption tax is a sales tax
Tax loving lib too busy guffawing about their precious taxes being eliminated.
Posted on 3/28/25 at 8:56 am to cornerstore
quote:
Bloated bureaucracy and lobbyists
And the melanated population and their politicians constantly screaming that they are owed something.
This post was edited on 3/28/25 at 8:57 am
Posted on 3/28/25 at 8:58 am to theCrusher
quote:
Amendment 2 is the first step to get there.
Vote no for Amendment 2
Posted on 3/28/25 at 9:01 am to FriedEggBowL
quote:
Gas tax is also going up
Dangit. I guess waiting to fill up until I get to MS for cheaper gas on a road trip is a thing of the past.
Posted on 3/28/25 at 9:32 am to bhtigerfan
quote:
Mississippi just eliminated state income taxes.
Country roads take me home to the place I belong
Posted on 3/28/25 at 9:55 am to Bard
quote:
Louisiana has ~1.5M more people, but a state budget 5x-6x of Mississippi's. To get to the level to be able to make that swap, the state would need to cut a frickton of spending and that's just not going to happen without tax a massive drop in tax revenues forcing it.
Then why is it so successful in Texas? Good roads, good public schools, no tax on groceries or income?
Posted on 3/28/25 at 11:04 am to Tchefuncte Tiger
quote:That’s why I was asking.
What other taxes do you suggest we raise to compensate for the loss of income taxes?
I’d prefer a higher sales tax to replace the state income tax. frick increasing the property taxes.
Posted on 3/28/25 at 11:05 am to Kreg Jennings
quote:Oh I totally agree with this.
How about we look at the other side of the balance sheet and spend less? Like a responsible business or household ?
The more we cut, the less revenue required to raise.
Posted on 3/28/25 at 11:07 am to TheDeathValley
quote:
Amendment 2 is a 100+ pages of pork and garbage.
It is absolutely not that.
I'm not saying it's perfect, but it is not pork.
Posted on 3/28/25 at 11:07 am to bhtigerfan
quote:
Mississippi just eliminated state income taxes.
GRADUAL and we are raising gas prices and a few other things to off set it.
Posted on 3/28/25 at 11:11 am to LSUGrrrl
quote:High as frick property taxes.
Then why is it so successful in Texas? Good roads, good public schools, no tax on groceries or income?
Posted on 3/28/25 at 11:12 am to bhtigerfan
quote:
Mississippi just eliminated state income taxes.
Kinda sorta.
They agreed to phase it out eventually.
quote:
Earlier this month, the Mississippi House passed a Senate plan that would gradually eliminate the state income tax. Under the plan, the income tax will drop by 0.25% each year until 2030, when it reaches 3%. From that point on, the tax will drop gradually depending on the gap between the state's revenue and expenses until it is eventually eliminated entirely.
So they are working to get it to 3% by 2030.
Louisiana is already at 3%.
Beyond 2030, things are a little iffy. It will rely on surplus, but then there was a typo in the bill, so the whole thing is a little in limbo.
Regardless, this isn't some huge victory over Louisiana.
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