Gov. Tate Reeves (R-MS) signed legislation Thursday eliminating the state’s income tax.
“Today is a day that will be remembered not just for the headlines, not just for the politics, but for the profound generational change it represents,” Reeves said at the bill signing. “I must say, it feels like it’s been a long time coming, but after many, many, many years of hard work, we can all stand together and say that we have accomplished income tax elimination in the state of Mississippi.”
Reeves shared that the legislation will be a catalyst for bringing businesses and entrepreneurs to the state.
“We are saying to entrepreneurs, to workers, to dreamers: Mississippi is open for business, and we will not penalize your success,” Reeves said. “We are going to compete, and we are going to win.”
https://www.msn.com/en-us/money/markets/mississippi-eliminates-state-income-tax/ar-AA1BR33r
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