House Speaker Jason White has announced plans for an upcoming summit intended to take a closer look at tax reform in Mississippi.
The 2024 Policy Summit comes after a summer of meetings for the Select Committee on Tax Reform, which was formed by White after the 2024 legislative session. As lawmakers recently implemented the largest income tax in state history, in 2022, but continue to squabble over how to further eliminate the income tax while also slashing the sales tax, experts and politicians will join forces on Sept. 24 at The Sheraton Refuge in Flowood to discuss what might be the best plan of action for the Magnolia State and its residents.
“This summer, the committee began their evaluations and considerations of our state’s tax code. This Policy Summit is another step in the House’s commitment to building Mississippi up to have the most appealing tax structure in the nation,” White said, per a press release.
White noted that a majority of the House is already in favor of speeding up the elimination of income tax while the select committee studying the matter has also looked into ways to cut the nation’s highest tax on groceries, which is levied through the state’s 7% sales tax.
“It is the vision of the House of Representatives that we accelerate our pathway to eliminating the personal income tax so that we reward Mississippians’ hard work, not tax it,” the Republican speaker said. “The select committee has been working hard in studying our grocery tax and providing relief to Mississippians when they go through the checkout line to provide for their families.”
Attendees of the 2024 Policy Summit will hear from Gov. Tate Reeves, White, Sen. Jeremy England, and Sen. Josh Harkins, along with Select Committee on Tax Reform Co-Chairs Reps. Trey Lamar and Scott Bounds. Panel discussions will include national tax expert Grover Norquist, various Mississippi business leaders, and transportation officials Brad White and Commissioner Willie Simmons. In addition, polling results on possible tax reform will be presented by Cygnal and Arkansas House Revenue and Taxation Committee Chairman Les Eaves.
The event is free to the public. Registration can be found here.
