Mississippi House leader modifies stance on tax reduction
By EMILY WAGSTER PETTUS
JACKSON, Miss. (AP) – Mississippi House Speaker Philip Gunn is modifying his stance on tax reduction.
Instead of firmly stating he’ll push to eliminate the state income tax, Gunn says he’s open to discussing other proposals for putting money back into people’s pockets.
Last year, Mississippi enacted its largest-ever income tax cut. The 4% income tax bracket is eliminated this year. Over the next three years, the 5% bracket goes to 4%.
As the legislative session opened Tuesday, Gunn said he’s open to speeding up that tax cut or reducing the top level.
Lt. Gov. Delbert Hosemann proposes an income tax rebate or a grocery tax reduction.