Posts Tagged ‘taxes’

Mississippi job levels fall to an alarming 17-year low

by Ted Carter Published: January 25,2013

Tags: Barack Obama, personal finance, taxes, Ted Carter

Mississippi’s job levels sank to their lowest levels since 1996 last year and ended the year looking slightly worse than 2011, the first quarter Mississippi Economic Outlook reports. The January report from the Mississippi Institutions of Higher Learning was not all gloom, however. Leading indicators such as retail sales, tax collections and housing starts have […] [...]

January 18, 2013- Chuck McIntosh

by Chuck McIntosh Published: January 18,2013

Tags: Bobby Jindal, Louisiana, taxes

[...]

The fiscal debacle: Government working as was truly intended?

Is the fiscal cliff scenario a failure of our system of government or government functioning as intended? One need not venture far these days to hear a fairly common assessment of the current state of affairs pertaining to government in the nation’s capital. Usually, references are made to a totally broken governing mechanism. Furthermore, the […] [...]

Some fiscal cliff scenarios

by Ike Trotter Published: November 23,2012

Tags: 2013, federal government, fiscal cliff, taxes

Will 2013 be as severe as some economists think? Many think a lot will depend on what happens with our country’s so called “fiscal cliff” scenario as the deadline looms closer and closer. Question is; how will Congress respond? In the worst-case scenario, Congress argues and deadlocks. Mandated tax hikes and roughly $109 billion in […] [...]

Financial considerations for 2013

by Ike Trotter Published: October 29,2012

Tags: Medicare, personal finance, Social Security, tax excemptions, taxes

We are now in plain view of our country’s “fiscal cliff.” After the election, Congress may or may not end up keeping income and estate tax rates at their recent levels. Next year may bring some notable financial developments, and it isn’t too soon for households to think about what may be in store: You […] [...]

Could it be your Social Security income will be taxed?

by Ike Trotter Published: July 8,2012

Tags: IRS, retirement age, Social Security, taxes

Many new retirees today assume that Social Security income (SSI) is tax-free. Unfortunately, that is not always the case these days. This is because the door to taxation was opened in 1983 when Congress passed a law in which some might have to pay . . . depending on the amount of income earned. How […] [...]

Capital City residents to pay more taxes to support schools

JACKSON — Jackson residents will soon pay more in taxes supporting the city’s school district. When 81 percent of voters in 2006 approved a $150 million bond issue to build more schools and improve others, it meant they were willing to have property taxes raised to pay that debt. But city leaders didn’t raise taxes […] [...]

SoS reports ‘solid response’ to sale of tax-forfeited property

GREENVILLE —There was a “solid response” to the eighty (80) parcels of tax-forfeited properties marketed for public bid in Greenville, the Secretary of State’s Office reports. “We are pleased to say we received over 87 bids on 52 parcels,” said Secretary of State Delbert Hosemann.  “I believe the tremendous response was due largely to Mayor […] [...]

State tax collections exceed forecast, but agencies still face budget cuts

ACROSS MISSISSIPPI — Mississippi tax collections are up, but lawmakers say state agencies still might face budget cuts during the 2013 session. Because of a sluggish economy, Mississippi still hasn’t recovered from the Great Recession. Tax collections remain below where they were during the fiscal year that ended June 30, 2008. The Northeast Mississippi Daily […] [...]

Court: Fees paid to private lawyers to represent state are public funds

by Associated Press Published: May 25,2012

Tags: attorneys, bench, courts, judges, judicial, judiciary, justices, law, lawyers, legal, state agency, state government, taxes, taxpayers

JACKSON — The Mississippi Supreme Court ruled yesterday in two cases that legal fees paid to private lawyers to represent the state are public funds. Justices said because the money belongs to the public, it should’ve been paid out to the lawyers from the attorney general’s contingent fund or from other money appropriated to the […] [...]

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