Big tax cuts that largely benefit corporations and wealthy Mississippians are unaffordable and will erode our ability to support schools, universities, roads and bridges and public safety. Big tax cuts will undermine our future by making it harder for the state to invest in the things that make Mississippi’s working families more productive like a high-quality public education system, access to health care and making college affordable.
The high cost of big tax cuts may require Mississippi to raise revenueThe state’s income from any source. Mississippi revenue includes: tax collections, fees, and intergovernmental grants. in the future through higher sales and property taxes, both of which hit lower and middle income earners hard. The end result will be worsening schools and roads and a tax shift away from the wealthy and onto lower and middle income families.
Read more in our Policy Brief: All Roads Lead to Nowhere.