Home » Tag Archives: taxes (page 4)

Tag Archives: taxes

Anticipated tax reform stalling

By BECKY GILLETTE One explanation given for the surge in the stock market since the presidential election is confidence that lowering of corporate tax rates would help boost the bottom line of businesses in the country. But tax reform is moving slower than was originally anticipated, said Horne LLP Tax Partner John Scott. The failure to pass a repeal-and-replace for ...

Read More »

Questions as Mississippi seeks to tax online lodging rentals

Mississippi’s tax collector wants to make sure people renting rooms or vacation properties online pay sales and lodging taxes. Some people, though, told Revenue Department officials at a Wednesday hearing that the department was overstepping its legal power, as well as not correctly following procedures for issuing new government rules. At stake is whether Mississippi and local governments will collect ...

Read More »

Analysis: Leaders say reducing state budget meets GOP goal

There has been plenty of hand-wringing about the Mississippi budget the past several months, with Republican Gov. Phil Bryant making multiple rounds of cuts because tax collections fell short of expectations. Many programs face further reductions for the year that begins July 1 under a spending plan set by legislators. Some agency directors are certain to develop heartburn while figuring ...

Read More »

State finally has good month of collections

By BOBBY HARRISON / Daily Journal State revenue collections, which have been sluggish for more than a year, spiked in March even as the Legislature was ending the 2017 session by making major budget cuts because of those ongoing revenue woes. Collections for the month of March were $52.4 million or 12.5 percent above the official estimate, according to information ...

Read More »

State finally has good month of collections

By BOBBY HARRISON / Daily Journal State revenue collections, which have been sluggish for more than a year, spiked in March even as the Legislature was ending the 2017 session by making major budget cuts because of those ongoing revenue woes. Collections for the month of March were $52.4 million or 12.5 percent above the official estimate, according to information ...

Read More »

BILL CRAWFORD — Inflated university enrollment costs taxpayers

With tight state budgets looming for the foreseeable future, government operations must be rationalized to higher levels of efficiency and performance. Mississippi’s public universities should not be exempt from this process.    In last week’s column I suggested legislators look hard at university admission standards and out-of-state tuition. IHL’s current approach is to admit under-prepared students and to discount out-of-state ...

Read More »

Internet tax legislation passes House

By BOBBY HARRISON The Republican House leadership guided to passage Wednesday legislation to tax remote (internet) sales, but not without causing some consternation among members of the House majority. The legislation, which passed 79-38, would use the revenue generated from the tax for road and bridge needs, both on the state level and for counties and municipalities. Those voting against ...

Read More »