Mississippi lawmakers voted this year to enact the biggest income tax cut in state history. The new law doesn't completely gut the tax, as Governor Tate Reeves and House Speaker Philip Gunn had hoped it would. But it does eliminate the four-percent income tax bracket beginning in 2023, and charts a course to whittle the five-percent bracket down to four percent over a period of years.
Over the past year, Mississippi has enjoyed outsize revenue collections, due at least in part to federal money that's been pumped into the economy as COVID-19 relief. But advocates say state funding for critical public services like schools remains inadequate.