Posts Tagged ‘money’

MDA’s Entrepreneur Center in new first floor space in Woolfolk

by Ted Carter Published: April 7,2014

Tags: Business, government, Mississippi, money, Politics

The Mississippi Development Authority’s Entrepreneur Center has relocated to the Woolfolk Building’s first-floor in a move designed to make the Center and its resources more accessible to people who want to get a business off the ground. » READ MORE: Entrepreneur Center: Helping you find your corner of commerce Project managers will work from cubicles just […] [...]

DOR: State’s general fund stands to lose more than $100 million annually through the new tax apportionment rules

by Ted Carter Published: April 7,2014

Tags: Business, finances, government, Mississippi, money, Politics, taxes

A bill to limit how and when the Mississippi Department of Revenue can use a market-based taxing method in calculating the tax bills of multistate businesses in the state passed the Legislature Tuesday morning. Legislators also put limits on the DOR’s authority to demand multistate companies provide combined tax returns. The DOR has insisted on […] [...]

BILL CRAWFORD: Your tax dollars used for politicians’ self-promotion

by Bill Crawford Published: March 28,2014

Tags: Bill Crawford, Business, column, Mississippi, money, Politics

How many of your tax dollars, if any, should be spent for self-promotion by elected officials? It’s quite common when new governors get elected to see their names pop up on all kinds of things: Welcome to Mississippi signs on the highways; state maps; tourism and economic development promotion materials; and more. But, the issue […] [...]

Business inventory tax, proclaimed as a jobs creation tool, projected to cost state $7M this year, then $126M in FY 2017

by Ted Carter Published: March 28,2014

Tags: Business, Legislature, Mississippi, money, Politics, taxes

With fiscal 2014′s arrival, Mississippi’s businesses can begin enjoying the rewards of a hard-fought victory achieved in 2012 with passage of a phased-in state income tax credits for businesses that pay inventory taxes to cities and counties. Legislative wrangling ended with establishing the tax credits in place of an actual end to the inventory tax, […] [...]

Fed clarifies guidance on short-term rates

by Associated Press Published: March 19,2014

Tags: banking, Business, Mississippi, money

WASHINGTON  — The Federal Reserve is seeking to clarify when it might start to raise short-term interest rates from record lows. The Fed also says it will cut its monthly long-term bond purchases by another $10 billion to $55 billion because it thinks the economy is strong enough to support further improvements in the job […] [...]

BILL CRAWFORD — Covetous politicians, corporations, consumers befoul America

by Bill Crawford Published: February 17,2014

Tags: Bible, Business, darwin, material things, Mississippi, money, power, religion, Republican party, sex

“You shall not covet” says the commandment. But, my observation is that such selfish desires of the body, mind, and soul befoul American culture today. We covet power, money, sex, material things, and undisciplined freedom. Dictionary.com defines “covet” as “to desire wrongfully, inordinately, or without due regard for the rights of others.” Covetous politicians’ desire […] [...]

Mortgage lending venturing into ‘land where more is unknown than known’

by Ted Carter Published: January 31,2014

Tags: banking, Business, finance, Mississippi, money

The new year brought lenders in Mississippi and elsewhere face-to-face with one of the most difficult decisions of their time: Whether to turn the faucet off on home mortgage lending. Congress enacted the Dodd-Frank Wall Street Reform & Consumer Protection Act in 2010 but the early wave of regulatory change is only now arriving. The […] [...]

What now? Task force offers no answers to road/bridge issue

by Wally Northway Published: January 31,2014

Tags: Business, Mississippi, money, Politics, transportation

Last week, the Mississippi Senate task force that began work last year charged with coming up with funding alternatives to repair the state’s roads and bridges wrapped up its work without offering any solutions. In the summary of its report, the task force noted that the Joint Committee on Performance Evaluation and Expenditure Review (PEER) […] [...]

Legal fees can grow quickly for cities

by Becky Gillette Published: January 10,2014

Tags: finances, lawyers, Mississippi, money, Ocean Springs, taxes, Tupelo

With attorneys commonly charging $100 to $150 per hour, it can take a big bite out of a city’s finances for legal fees, especially for cities that have been involved in annexation battles. In the 2013 calendar year, the City of Biloxi paid $581,741 to one law firm, Page, Mannino, Peresich & McDermott, PLLC. Biloxi […] [...]

Revving at right time? Road, bridge funding efforts gain traction

by Wally Northway Published: January 10,2014

Tags: bridges, Louisiana, Mississippi, money, Politics, safety, transportation

Last month, yet another group was in Mississippi raising the issue of the state’s crumbling roads and bridge and a lack of funding to repair them. TRIP, a Washington, D.C.-based national transportation organization, held a news conference in Jackson, giving some of the same numbers and figures touted by other groups pushing for more road […] [...]

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