By MississippI PEP Staff | February 7th, 2018 at 3:18 am
Filed Under: Budget, Governor, Legislature, Mississippi, MS State Government, News, Revenue, Taxes
The legislative leadership opted to adopt a conservative estimate after multiple years when the collections did not meet the estimate, forcing numerous rounds of budget cuts and in some instances the firing of state employees.
By MississippI PEP Staff | December 12th, 2017 at 10:47 am
Filed Under: Budget, Economy, Entitlements, Federal Government, National, News, Revenue, Spending, Taxes, US Congress
Meet the new debt ceiling: $20.493 trillion The debt ceiling was suspended for about three months in September, which allowed the federal government to borrow as much money as it needed during that period. The government borrowed more than $500 billion in the last few months when the ceiling was suspended. But after Friday, the […]
By MississippI PEP Staff | November 23rd, 2017 at 7:02 am
Filed Under: Commentary, Elections, Legislature, Liberty, Mississippi, Mississippi Economic Council, MS State Government, Opinion, Politics, Revenue, Spending, Taxes, Transportation
Perhaps groups that are advocating for more transportation spending, such as the Mississippi Economic Council, could run a successful campaign to get voters to agree to a package of tax and fee increases.
But the MEC and other like-minded groups, no doubt, would have to think long and hard before endorsing such a referendum
By MississippI PEP Staff | October 26th, 2017 at 7:57 am
Filed Under: Commentary, County Government, Federal Government, Gulf Coast, MS State Government, Opinion, Revenue, Spending
There are far too many buildings and land in our state and across the country owned by the local, state or federal government that are not being used.
By MississippI PEP Staff | August 11th, 2017 at 11:27 am
Filed Under: Budget, Business, Economy, Mississippi, MS State Government, News, Revenue, Spending, Taxes
Despite repeated attempts by Mississippi government officials, the state’s internet sales tax revenue for FY 2017 was down even more than sales tax revenue- $4.2 million or 1.8 percent compared to the sales tax being down 0.33 percent.
By MississippI PEP Staff | July 24th, 2017 at 7:03 am
Filed Under: Commentary, Ethics, Gulf Coast, Legislature, Mississippi, Mississippi State House, Mississippi State Senate, MS State Government, Opinion, Phil Bryant, Philip Gunn, Politics, Revenue, Sean Tindell, State Lottery, Tate Reeves
Legislators are saying they didn’t know the bill they passed this year to tax fantasy sports betting may open the door for Mississippi casinos to offer and control Las Vegas style sports betting. Governor Phil Bryant, Lt. Gov. Tate Reeves, and Speaker of the House Philip Gunn are saying that was not the intent of […]
By MississippI PEP Staff | July 24th, 2017 at 6:05 am
Filed Under: Culture, Democrats, Influencing Institutions, Leadership, Medical Care, Mike Moore, Mississippi, MS Attorney General, National, News, Public Safety, Revenue
The legal front widening against makers of opioid painkillers has something in common with landmark tobacco litigation of the 1990s: attorney Mike Moore.
By MississippI PEP Staff | July 21st, 2017 at 6:14 pm
Filed Under: Banking and Finance, Business, Ethics, Liberty, Mississippi, MS State Government, News, Principles of Freedom, Property rights, Revenue, Taxes
On Friday June 21, the Department issued a notice that it intended to amend Reg. 35.IV.1.02 concerning application of sales tax penalties. A public hearing will be held on Wednesday, July 26, 2017, at 2:30 p.m.
By MississippI PEP Staff | June 19th, 2017 at 7:35 am
Filed Under: Mississippi, MS State Government, News, Revenue, Taxes
Instead of being a boost to the beleaguered state general fund, the use tax, like other state taxes, is underperforming in terms of collection.
By MississippI PEP Staff | May 9th, 2017 at 6:52 pm
Filed Under: Banking and Finance, Budget, Mississippi, MS State Government, PERS, PERS, Revenue, SLRP, Spending, State Bonds
Credit Rating Agency Warns State Officials That Rate Cut Could Be Coming If Pension Liabilities Not Corrected 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 […]
