Skip to content

WATCH: Governor Calls for Phasing Out State Income Tax

WATCH: Governor Calls for Phasing Out State Income Tax

January 26, 2021

WATCH: Governor Calls for Phasing Out State Income Tax

NFIB State Director Dawn Starns McVea released the following statement today in response Gov. Tate Reeves’ State of the State Address:

“We support the governor’s call to eliminate the state income tax. That’s a big deal to small businesses because most small businesses are organized as pass-through entities, meaning they pay taxes at the individual rate rather than the corporate rate. Eliminating the personal income tax would provide much-needed financial relief to small business owners struggling to recover from the economic slump caused by the COVID-19 pandemic.

“We’re also encouraged by the governor’s commitment to workforce development. Finding and keeping qualified workers is a perennial problem for small businesses and other employers. We look forward to working with Governor Reeves and legislative leaders on a solution that helps put people to work.”

Watch the State of the State Address here.

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

East Front of United States Capitol
April 15, 2025
NFIB Report Shows Impact of Potential Tax Hike on MS Small Busi…
The 20% Small Business Deduction will expire at the end of 2025 unless Cong…
Read More
Small Business Owner Calculates Taxes Finance Expensive Inventory Inflation Cost
April 15, 2025
How a Potential Small Business Tax Hike Will Impact Minnesota
NFIB Releases Report Detailing Benefits of 20% Small Business Tax Deduction…
Read More
Rhode Island capitol building
April 14, 2025
Rhode Island Capitol Update
NFIB State Director Christopher Carlozzi testified before the House Committ…
Read More
Text Property Taxes is on the white paper with coffee, calculator and ball pen aside.
April 10, 2025
Vermont Lawmakers Consider New Property Tax Classes
The Vermont House is working on a plan to overhaul the state’s property t…
Read More

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