Archive for July 2022
What impact will tax reform have on you?
Contrary to a front-page story in a major Mississippi newspaper, the phase-down of Mississippi income taxes will not begin until January of next year. The new law setting that phase-down in motion technically took effect July 1, the usual date each year for new laws to actually become law. But changes in tax laws usually…
Read MoreIncome tax cut, teacher pay raise highlight new laws that went into effect Friday
Highlighted by the largest tax cut in state history, a number of bills that were adopted earlier this year became law on Friday. House Bill 531, the Mississippi Tax Freedom Act of 2022, phases in the more than $500 million tax cut over the next four years. In the first year, it eliminates Mississippi’s current…
Read MoreFinding Meaning in Independence Day
There’s nothing more American than July 4th. The burgers. The watermelon. The fireworks. As a kid, my mom’s entire family would gather at my great grandparents’ house for barbecue and seafood before making our way, down Ballentine Street in Bay Saint Louis, for some time at the beach which would lead to rockets lighting up…
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