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Tag Archives: taxes

New poll shows Mississippi voters back higher gas taxes for roads, bridges

transportation poll

By TED CARTER A poll released Feb. 29 reports bi-partisan support among Mississippi voters for raising motor fuels taxes to help maintain the state’s highways and bridges. Magellan Strategies BR’s automated telephone survey shows 43 percent support from Republican voters and 42 percent from Democrats. The pollsters surveyed “likely” voters in the state’s March 8 presidential primaries. A total of 995 ...

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BILL CRAWFORD — Fuel tax issue will show Republicans can lead, or not

gas

The Governor, Lt. Governor and Legislators started new four-year terms this month. Most are returnees. Most are Republicans. The main difference between now and four years ago is that Republicans now hold “super” majorities in both the House and Senate. That means they can pass revenue, tax, and bond bills (along with general and appropriations bills) with Republican votes only.   ...

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Supervisors Association says counties shorted in transportation funding plan

taxes

By TED CARTER The organization that represents the boards of supervisors for Mississippi counties says counties need much more than a 10 percent share from a proposed $375 million annual allocation for roads and bridge maintenance. The plan presented by a 24-member task force created by the Mississippi Economic Council would give counties and cities $75 million annually from the $375 ...

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Tax-deduction extensions a relief for firms

taxes

By BECKY GILLETTE  Small businesses went through most of 2015 without knowing whether business tax provisions would be extended – allowing bonus depreciation which lets businesses deduct up to half the cost of eligible equipment placed in service in 2015, and Section 179 expensing that allows the expense of up to $500,000 of eligible equipment placed in service in 2015. ...

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Natchez sales tax collections drop off

taxes

NATCHEZ — Natchez sales tax collections dropped nearly 7 percent in August compared to 2014. But city officials say the drop may not be a reason to panic. Sales tax, a component of city revenue that in Natchez is highly linked to tourism, dropped to just under $447,000 in August 2015 from last year’s $479,000. City Clerk Donnie Holloway tells ...

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Hattiesburg 2015-16 levy will include tax increase

taxes

HATTIESBURG — The Hattiesburg City Council has voted to raise residents’ tax rates for the first time since at least 2001. Council approved 4-0 Tuesday a 114.1-mill tax levy for fiscal year 2015-16, an increase of 2.1 mills. The Hattiesburg American reports (http://hatne.ws/1Npa2W1) the council is expected to vote Sept. 22 on a proposed $138.3 million budget that would kick ...

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Ridgeland officials consider first tax increase in 26 years

taxes

RIDGE LAND — For the first time in 26 years, the mayor and board of alderman in Ridgeland are considering a tax increase. Mayor Gene McGee told The Clarion-Ledger taxpayers with a $100,000 home would see an annual increase of $10 to $15 on their property taxes. Citing lagging sales tax and other contributing factors, McGee said the city has had ...

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Drop in casino revenue means tax hike likely by levee board

taxes

CLARKSDALE — The Yazoo Mississippi Delta Levee Board has scheduled a public meeting July 9 on a proposed tax increase. Since 1996, levee board has not raised taxes. The Clarkdale Press Register reports that’s likely to change. The levee board — which is tasked with maintaining the levee system in 12 counties — got its revenue from casino rentals. The ...

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Mississippi May revenue collections slow

taxes

JACKSON — Mississippi tax collections for May were $107.2 million below what state officials had expected. The shortfall leaves revenue $84.5 million below what officials estimated would be collected through May. The fiscal year ends June 30. While disappointed with the revenue collections, House Appropriations Chair Herb Frierson, R-Poplarville, said the state’s fiscal condition is healthy. He says the state ...

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Bill would use casino taxes for bridges, little for tourism

JACKSON — Mississippi lawmakers met Sunday and neared final approval of House Bill 1630, which would use $36 million a year in casino taxes mainly to rebuild deficient bridges on state highways. Lawmakers agreed after casinos opened to use that revenue stream for road projects to improve access to casinos. But with those projects completed and bonds mostly paid off, ...

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