Some Republican leaders say a good way to boost the state's fortunes would be to phase out its income tax.
: It's one of the poorest, unhealthiest states in the nation, with public schools that are chronically underfunded. Some Republican leaders say a good way to boost the state's fortunes would be to phase out its income tax.
Democratic state Sen. Hob Bryan said people don’t choose where to live because of tax policy but because of family ties and quality of life. He said people live in high-tax New York, for example, because the city offers opportunities. Married couple Les and Amanda Jordan live near the south Mississippi town of Summit. He's a retired public school administrator and she's a retired nurse practitioner. Both worked for the state. Amanda Jordan said tax rates could influence young people's decisions about where to live. The couple has a grandson in Texas, one of the states without an income tax.“On first hearing about it — oh, great, we'd have more money," he said.
“People expect us to educate our children. That's the future of Mississippi," said Republican Lt. Gov. Delbert Hosemann, who presides over the Senate, where he and other leaders are proposing a separate plan that would reduce the income tax but not eliminate it. According to the Mississippi Department of Revenue, people with incomes of at least $100,000 a year make up 14% of those who pay state income tax, and their payments bring in 56% of the income tax revenue. The department says people with incomes below $30,000 make up 49% of those who pay Mississippi income tax, and their payments bring in 5% of the income tax revenue.
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