Momentum to Axe Income Tax Mounts in State LegislaturesMississippi could become the nation's 10th state to eliminate its personal income tax, with Republican Gov. Tate Reeves and House Speaker Philip Gunn (R-Clinton) backing differing plans to do away with the levy when lawmakers convene their 2023 session on Jan. 3.
Similar 2023 proposals to erase immediately, or phase-out, state income taxes are also expected to be filed in West Virginia, Arkansas, Iowa, Georgia, North Dakota, Utah, and, perhaps, Wisconsin.
Such measures are not unusual in state houses but are usually symbolic bills lodged by fiscal conservatives who argue taxing individual incomes to fund state—and in some cases, local— governments is counter-productive, especially with an array of alternate assessments available to replace "lost" revenues generated by personal income taxes....
Source: Momentum to Axe Income Tax Mounts in State Legislatures (https://www.theepochtimes.com/momentum-to-axe-income-tax-mounts-in-state-legislatures_4946464.html)