Lawmakers Mull Break for Businesses

By: The Associated Press
By: The Associated Press

The Mississippi Legislature is working on a bill that would give a financial break to businesses paying the inventory tax.

House Bill 536 passed the House Tuesday and moves to the Senate for more work. It would increase the level of state income-tax credits for
businesses that pay inventory taxes. The changes would be phased in between 2014 and 2019.

House Ways and Means Committee chairman, Jeff Smith says the plan is a way to help small businesses without draining local tax dollars from cities and counties.

Opponents say the state could lose income-tax revenue with no guarantee that businesses will add more jobs or do other things to improve the economy.

Smith says Mississippi is one of eight states with an inventory tax.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by WhiteDude on Mar 27, 2012 at 06:44 PM
    Asia for Asians, Africa for Africans, White countries for everyone???????? Everybody says there is this RACE problem. Everybody says this RACE problem will be solved when the third world pours into EVERY white country and ONLY into White countries. The Netherlands and Belgium are more crowded than Japan or Taiwan, but nobody says Japan or Taiwan will solve this RACE problem by bringing in millions of third worlders and quote assimilating unquote with them. Everybody says the final solution to this RACE problem is for EVERY white country and ONLY White countries to "assimilate," i.e., intermarry, with all those non-Whites. But if I tell that obvious truth about the ongoing program of genocide against my race, the White race, Liberals and respectable conservatives will just say that I'm a naziwhowantstokillsixmillionjews. They say they are anti-racist. What they are is anti-White. Anti-racist is a code word for anti-White.
WTOK-TV 815 23rd Ave Meridian, Ms. 39301 Phone: (601) 693-1441
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 144467935 - wtok.com/a?a=144467935
Gray Television, Inc.