Skip to content

Tell Legislators It’s Time to Eliminate Mississippi’s Personal Income Tax!

Tell Legislators It’s Time to Eliminate Mississippi’s Personal Income Tax!

February 10, 2022 Last Edit: June 5, 2025

Tell Legislators It's Time to Eliminate Mississippi's Personal Income Tax!

The Mississippi House and Senate are weighing bills that, if passed, would reduce or eliminate the state’s personal income tax. 

This year’s NFIB Mississippi member ballot shows 77.9% of small business owners want lawmakers to reduce or eliminate the personal income tax. Most small businesses in the state are organized as pass-through entities, meaning the owners pay taxes at the individual rather than the corporate rate. 

The House version of the bill is called the Mississippi Tax Freedom Act of 2022. If passed, it would:

  • Eliminate the state income tax
  • Reduce grocery tax from 7% to 5.5%
  • Reduce the price of car tags by 50%
  • Raise sales tax from 7% to 8.5%

READ: NFIB’s Statement on the House Plan

The Senate’s proposed $446.6 million tax relief package would:

  • Reduce grocery tax from 7% to 5%
  • Eliminate the state’s fees on car tags going to the general fund
  • Offer a 2022 rebate of up to $1,000 for citizens with tax liability 
  • Eliminate the 4% tax bracket over the next four years

READ: NFIB’s Statement on the Senate Plan

It’s estimated the House version would save the average individual $1,513 in the first year, while the Senate version would save individuals an average of $260 in the first year.

Click here and tell your legislators to eliminate the state income tax by supporting the House version of the bill, H.B. 531!

 

 

 

 

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

July 4, 2025
America’s Small Businesses Applaud President Trump, Congress…
Read More
United States Capitol Building Wide Shot
July 3, 2025
NFIB Thanks Congress for Passing Landmark Small Business Tax Re…
NFIB applauds Congress for passing the One Big Beautiful Bill Act, which in…
Read More
July 2, 2025
NFIB Key Votes One Big Beautiful Bill Act in U.S. Senate and Ho…
NFIB key votes the One Big Beautiful Bill Act in the 119th Congress and urg…
Read More
July 2, 2025
Small Business Owners Push Priorities in Capitol Hill Meetings
Over 80 small business owners attended NFIB’s annual Fly-In. They attende…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility