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BILL CRAWFORD: Do Republicans really care about debt reduction?

So, is reducing the national debt still the priority concern for Republican leaders?   Remember the rhetoric:   “The national debt threatens our way of life; it threatens the value of our national currency; and it threatens our ability to pay for entitlements that millions of Americans depend on,” said Senate Majority Leader Mitch McConnell in 2009. And that’s why ...

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Coast economy continues to lag behind the state in key metrics

By JUSTIN VICORY The Coast’s economy is still struggling to recover from Hurricane Katrina, the Great Recession and the BP Oil Spill, and remains behind the state curve in important economic indicators, including sales tax revenue and median income, a business expert said. In a recent PowerPoint presentation entitled “The Uphill Recovery From the BP Oil Spill,” President of the ...

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BILL CRAWFORD: American politics declining into profiteers vs moochers

Americans now live in a political environment dominated by extremes. One burgeoning faction, looking through red tinted lenses, seeks “freedom from.” Another, looking through blue tinted lenses, seeks “access to.” A fading faction, looking through clear lenses, fears all will become tinted.   The grassroots conservative movement sees national government as the great enemy and seeks freedom from oppressive taxation and ...

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Mississippi governor seeks several changes in budget process

Mississippi Gov. Phil Bryant is asking legislators to tweak the budget process to ease rating agencies’ concerns about the state’s finances. The Republican on Friday released the agenda for a special legislative session that begins Monday. It includes a list of proposals that Bryant calls the “Fortify Act.” He is asking legislators to build up savings in the state’s rainy ...

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BILL CRAWFORD — Freddy Joe should not pay taxes until Donny Joe does

It’s time for Mississippi taxpayers to stand up to tax dodgers.   It’s time to revolt against the State’s unfair and discriminatory behavior in the collection of taxes on retail sales. You see, Mississippi law requires residents to pay taxes on all retail sales, except those specifically exempt. But, the State’s arbitrary and selective enforcement of tax collections provides a ...

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Eyeing retirement in Mississippi? Consider carefully

By BECKY GILLETTE A lot of factors need to be taken into consideration when deciding when to retire. One of the most important decisions for many Americans is when to start taking Social Security benefits. While the government and most financial advisers recommend people wait to take Social Security at least until they reach their full retirement age (which is ...

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Trump’s troubles lead US stock indexes lower in early trading

Banks and other financial companies led U.S. stocks sharply lower in midday trading Wednesday as bond yields tumbled. Investors fretted that the latest turmoil in Washington could hinder President Donald Trump’s pro-business agenda. Technology and industrial stocks were among the big decliners, while real estate companies were up the most. KEEPING SCORE: The Standard & Poor’s 500 index fell 26 ...

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March and April lead to rebound in state revenue

By BOBBY HARRISON / Daily Journal Personal income tax collections for April – an astounding 36 percent above the amount collected in April 2016 – have played a key role in helping state tax revenue recover for the current fiscal year. For much of the fiscal year, which ends June 30, the state was collecting less in revenue than it ...

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Analysis: Improved revenue a counterpoint to credit worries

Getting better or getting worse? That’s the question Mississippi leaders are debating after the third major credit rating agency warned last week that it was concerned about weakness in state finances and the overall economy. For credit rater Standard & Poor’s Financial Services, the answer is “getting worse.” The agency didn’t downgrade Mississippi’s credit rating last week, but did change ...

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