Studying Mississippi's Tax Structure
This week Mississippi Governor Haley Barbour named 37 members of the state's newly formed Tax Study Commission. The business community is heavily represented on the Commission, which is hardly surprising given the Governor's experience as a K Street lobbyist in Washington. Barbour tries to be reassuring by pointing out that the members of the new group "share a common bond in that they are all Mississippi taxpayers." The group's recommendations are due August 31. This comes shortly after Barbour announced in his State of the State address that he would like to complete an overhaul of the state's tax system by the end of his term in office. Let's hope this close look into Mississippi's tax structure takes into account the state's outdated income tax and overall regressive tax structure.
