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State to end sales tax on interest paid on store-financed merchandise

Toting the note just got easier for Mississippi car dealers and other merchants who finance their customers’ purchases. Gov. Phil Bryant’s signing of House Bill 260 Tuesday puts a July 1 end to sales taxes on interest and other finance charges at buy-here-pay-here retail locations, including auto dealerships and furniture and appliance stores that arrange installment payments on items they ...

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Texting ban likely on way to governor

 By Bobby Harrison/ Daily Journal Jackson Bureau JACKSON — The use of a hands-held cell phone to text or read or post on a social networking site while driving will be prohibitive under a proposal that passed both chambers of the Legislature. The proposal, which passed the 52-member Senate with three dissenting votes and 104-16 in the House on Tuesday, now ...

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NRA endorses Thad Cochran

JACKSON, Mississippi – U.S. Senator Thad Cochran has announced that he has been endorsed for reelection by the National Rifle Association (NRA). “The Second Amendment is a pillar of freedom upon which our great nation was built,” Senator Cochran said. “My pledge to the people of Mississippi is to continue supporting our gun rights, and to keep fighting any efforts ...

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Treasurer Fitch: Today's pepaid college program restart will help erase shortfall

By Lynn Fitch The Board of Directors for the College Savings Plans of Mississippi voted Monday to reopen Mississippi’s Prepaid Affordable College Tuition program (MPACT) for new enrollees beginning in fall 2014. The decision to reopen MPACT brings full circle a process the Board and the State Treasurer’s Office began 18 months ago. In 2012, the Board decided to defer ...

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Whiskey rebellion looms in Tennessee over Jack Daniels’ protection law

A year-long fight among state legislators over the definition of true Tennessee whiskey is spilling over to the international distilled spirits business, dividing both Tennessee’s powerful whiskey interests and multinational corporations battling for billions of dollars in global market share, the Washington Post reports. For more than a century, distillers around Tennessee have produced whiskey — some legal, some illegal ...

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CRAWFORD: Most state workers can’t get a break

By Bill Crawford State employees can’t get a break. Well, most can’t. In 2012, Mississippi had 58,135 state employees earning an average salary of $41,870, according to the Bureau of Labor Statistics. A Pew Charitable Trusts study reported this was significantly higher than the $35,263 average private sector salary in Mississippi. Couple this with the state’s generous retirement plan – ...

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