Breaking News

More () »

Politics

Mississippi's Gov. Reeves says he's 'married' to income tax phaseout

Reeves proposed that the state reduce the top income tax rate from 5% to 3.5% next January, then phase out the rest of the income tax over seven years.

Credit: AP

FILE - Mississippi Gov. Tate Reeves says during his State of the State speech on Jan. 25, 2022, at the state Capitol that he supports a proposal to phase out the state income tax. House Speaker Philip Gunn, right, and the governor’s wife, Elee Reeves, listen to the speech. (AP Photo/Rogelio V. Solis, File)

JACKSON, Miss — Mississippi Gov. Tate Reeves says he's “married” to eliminating the state income tax. But other Republicans who lead the House and Senate remain far apart on the issue.

Just over a week remains in the three-month legislative session. Reeves proposed Thursday that the state reduce the top income tax rate from 5% to 3.5% next January, then phase out the rest of the income tax over seven years.

RELATED: House, Senate pursue separate tracks on Mississippi tax cuts

House Speaker Philip Gunn has pushed over a year to phase out the income tax.

Lt. Gov. Delbert Hosemann says he wants to reduce some taxes but keep enough money for core government services.