Mississippi stands on the precipice of its most significant tax reform in modern history, sparked by an unexpected clerical error. The House has forwarded a bill to Governor Tate Reeves that will eliminate the state personal income tax and reduce the state budget by approximately $2.2 billion.
The legislation passed due to typographical errors in the Senate version—misplaced decimal points that fundamentally altered the bill’s implementation timeline. While the Senate intended the income tax elimination to occur gradually with economic growth “triggers,” these decimal errors effectively removed these safeguards, meaning substantial tax cuts will proceed even with minimal economic growth.
Despite the accidental nature of the vote, Governor Reeves has indicated on social media his intention to sign the bill, suggesting that any issues can
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