Share

cover art for Money Talks: Income Tax Phaseout

Money Talks

Money Talks: Income Tax Phaseout

The Mississippi House approved a bill last month to phase out the personal income tax, reduce the grocery tax and increase the state sales tax on most items. What do you think? We’ll learn about the measure with our guest Dr. Brian Pugh, Executive Director for the Stennis Center for Public Service author of the book “Chaos and Compromise: The Evolution of the Mississippi Budgeting Process”.

https://stennis.gov/about-us/stennis-center-staff/dr-brian-pugh-biography/



House Bill 531- phasing out the personal state income tax - The Mississippi Tax Freedom Act of 2022  http://billstatus.ls.state.ms.us/2022/pdf/history/HB/HB0531.xml


News reports:

https://www.clarionledger.com/story/news/politics/2022/01/12/philip-gunns-plan-cut-mississippi-income-taxes-ready-vote/9176793002/

https://www.supertalk.fm/mississippi-house-of-representatives-votes-to-eliminate-income-tax/

https://www.natlawreview.com/article/mississippi-house-revisits-income-tax-phase-out-2022

https://www.usnews.com/news/best-states/mississippi/articles/2022-01-11/mississippi-house-panel-oks-bill-to-phase-out-income-tax

https://www.mpbonline.org/blogs/news/mississippi-house-of-representatives-pass-bills-on-income-tax-and-teacher-pay/


Calls:

  • How does it affect low income earners
  • Revenue stream and budget shortfall
  • What percentage is revenue stream
  • Pro Income Tax elimination
  • Attracting new residents
  • Grocery Tax




More episodes

View all episodes

  • Money Talks| Retirement savings plans

    50:08|
    Money Talks is hosted by Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about retirement savings plans including IRA's and 401 K's.
  • Money Talks| Best of 2025

    47:21|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, since Nancy and Ryder aren't in the studio, listen again to some recent conversations from the program.
  • Money Talks| Economic Indicators

    50:14|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we discuss economic indicators and their importance to your personal finance. What are they? How do we learn from them? What makes a healthy economy?
  • Money Talks| Essential Money Management Lessons

    50:28|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we discuss making a budget, credit scores, compound interest and other essential money management lessons.
  • Money Talks| MS Council on Economic Education

    49:42|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, our guest is Selena Swartzfager, President of the Mississippi Council on Economic Education.
  • Money Talks| paying down debt

    50:46|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder talk about ways to pay down debt.
  • Money Talks| listener questions

    49:14|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder answer questions about carrying a balance on credit cards and IRA conversions.
  • Money Talks| Volunteering

    49:39|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about the personal and professional benefits of volunteering.
  • Money Talks| Answering Tax Day questions

    49:01|
    Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy is out so on this Tax Day, Ryder answers listeners' tax related questions. Also, we share a few moeny habits of successful people.