On Monday, Speaker of the House Philip Gunn introduced a bill that would phase out the state income tax.

According to the Mississippi Center for Public Policy (MCPP), everybody on a payroll in Mississippi pays $1 in state income tax out of every $20 they earn � on top of all the other taxes they have to pay.

Speaker Gunn�s proposal would raise the threshold for income tax, meaning the first $47,700 earned is tax-exempt.� For married couples, the threshold would rise to $95,400.�

Douglas Carswell (Image courtesy of the Mississippi Center for Public Policy)

��This is great news for Mississippi�, said MCPP President Douglas Carswell.� �Giving workers a tax break will boost the state�s economy.� It is also morally the right thing for folk to be free to keep more of what they�ve earned�.�

�Instead of outright abolition of income tax, it looks like this proposal is a step towards phasing income tax out� explained Carswell, whose think tank has been at the forefront of efforts to eliminate the tax.�

�Instead of asking if we can afford to end the income tax, we ought to ask if we can afford not to.� Fast-growing southern states like Texas, Tennessee, and Florida don�t have an income tax.� That�s why incomes in those states are rising and job creation is flourishing.� Mississippi could do the same, too�.

HB 1439, the Mississippi Tax Freedom Act of 2021, passed the Ways and Means Committee and now heads to the full House floor for consideration.

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