Mississippi legislators could debate tax cuts again in 2023

Mississippi legislators return to the Capitol on Tuesday, and their three-month session could be dominated by debates over taxes. This is the final year of a four-year term. Most members of the Republican-controlled House and Senate are expected to seek reelection, but the Republican speaker of the House, Philip Gunn, announced months ago that this will be his final year in office. During the 2022 session, legislators passed and Republican Gov. Tate Reeves signed a plan to reduce the state income tax over four years — the state’s largest tax cut ever. That reduction starts this year. Gunn says he wants legislators this year to finish the job of eliminating the income tax. He points to a budget estimate that shows Mississippi with a surplus of about $1 million.

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