Posts Tagged ‘income taxes’

Legislation could mean higher state corporate income taxes

by Associated Press Published: March 2,2012

Tags: bill, income taxes, law, lawmakers, legislation, legislative branch, Legislature, loopholes, state government, taxes

JACKSON — Corporations could end up paying around $30 million more in income taxes under changes to the tax code approved yesterday by the Mississippi House Ways and Means Committee. But it’s not a tax increase, said Rep. Jerry Turner, R-Baldwyn, who helped shepherd the bill in committee. “As this income is made off the […] [...]

Polk, Palazzo honored

Longtime Magee businessman John Polk and U.S. Congressman Steven Palazzo were honored recently as alumni of the year by the College of Business at the University of Southern Mississippi. Polk, retired executive of Polk Meat Products and newly elected state senator, received the Boardman Distinguished Alumnus of the Year award. Palazzo, who is serving his […] [...]

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