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No State Income Tax on NIL
Passed by the MS Legislature today. Since I live in TX we already have no state income tax so it doesn't affect me, but if I was still living in MS I would be PISSED. I mean it's great for recruiting and everything but it's honestly a crock of s*** that something like this passes before no state income tax for everyone gets passed.
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Insanity.
Sorry educators, police, and firemen...y'all don't ball, so pay those taxes!
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Originally Posted by
BeardoMSU
Insanity.
Sorry educators, police, and firemen...y'all don't ball, so pay those taxes!
That's what you're saying. I do think this will push no state income tax for all MS residents across the finish line but it's still insane that this was passed first.
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Originally Posted by
BeardoMSU
Insanity.
Sorry educators, police, and firemen...y'all don't ball, so pay those taxes!
Blah, blah, blah. They're working on eliminating it permanently. Just a step in the same direction. Should've just done it all at once instead of the incremental option. Either way, it would be a non issue in 2-3 years. Now, let's get rid of those property taxes.....
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Originally Posted by
MrCoachKlein
Blah, blah, blah. They're working on eliminating it permanently. Just a step in the same direction. Should've just done it all at once instead of the incremental option. Either way, it would be a non issue in 2-3 years. Now, let's get rid of those property taxes.....
We can get rid of property taxes but it will be replaced w something else. $ has to come from somewhere
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Originally Posted by
Homedawg
We can get rid of property taxes but it will be replaced w something else. $ has to come from somewhere
Correct. It will be a tax swap.
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