In this week’s MBJ — ONLINE SALES TAX: Ted Carter takes a look at how much money Mississippi is leaving on the table by not taxing online sales. You may be shocked at the number. Also in this week’s paper: >> REVAMPING THE SYSTEM: Changing tax law to accommodate sales tax an issue that could [...] [...]
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 [...] [...]
HOLLY SPRINGS — Holly Springs Mayor Andre DeBerry is seeking support for a 1 percent local sales tax to raise money for various projects. The South Reporter reports DeBerry has proposed $8 million for a variety of local projects and another $13 million for street improvements and sidewalks. DeBerry has said the city could issue [...] [...]
ACROSS MISSISSIPPI — Mississippi’s sales tax holiday returns for the third year on the weekend of July 29-30, in time for back-to-school shopping. For 48 hours, between 12:01 a.m. Friday, July 29 and midnight Saturday, July 31, stores won’t collect the 7 percent sales tax on eligible items. The list remains the same as last [...] [...]
ACROSS MISSISSIPPI — Mississippi’s sales tax holiday takes place at the end of the month, and some merchants are expecting a boost in business. National Federation of Independent Business state director Ron Aldridge says increased sales will help small business owners still recovering from the recession. Aldridge says businesses along the coast that have been [...] [...]
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Population figures released recently by the Census Bureau don’t contain any major surprises. The Mississippi Gulf Coast was the hardest hit as far as population loss, with Long Beach having lost 29 percent of its residents after Hurricane Katrina, highest in the state. Moss Point was in the top five, having seen 12 percent of [...] [...]
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