Mississippi Will Phase Out the State Income Tax. Why Can't Other States Do the Same?.

Mississippi Will Phase Out the State Income Tax. Why Can’t Other States Do the Same?.


By some measurements, Mississippi is one of the poorest states in the nation. It’s not that there isn’t wealth in the state; Mississippi is a major agricultural state, holding the number one spot in the nation for catfish production and ranking among the top 25 producers of 14 other agricultural commodities.

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Significantly, Mississippi ranked in the top 10 in manufacturing. So why is it ranked near the bottom in per capita income and other measurements of wealth? 

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The state has limited economic diversification. There’s an over-reliance on agriculture and traditional industries, and there’s a lack of big cities that would attract hi-tech businesses and high-paying jobs. Also, Mississippi’s workforce is among the nation’s least educated, with the lowest concentration of technology workers. It

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