Home » MBJ FEATURE » Sales tax growth ‘very worrying,’ state’s senior economist warns

Sales tax growth ‘very worrying,’ state’s senior economist warns

That spring dip in both the national and Mississippi economy lingered in the Magnolia State through the summer, causing Mississippians to slow their retail spending.

September spending showed a slight rise but still fell short of estimates.

The state Department of Revenue reports sales tax revenues for July and August dropped below the same months of the previous year and that September collections fell $5.6 million short of projections.

Sales tax receipts ended the fiscal year June 30 on a slightly…

>> SEE FULL STORY <<

About Ted Carter

Leave a Reply

Your email address will not be published. Required fields are marked *

*