Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Gov. Reeves Signs Historic Legislation Eliminating Mississippi’s Individual Income Tax
retirement location competition whose in? |
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#2
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I love MS, but there is a limited amount of golf in the area where I would go. So I'm out...for now. (and it's who's)
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Never try to teach a pig to fly. It wastes your time and annoys the pig. |
#6
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Property tax relief- maybe. Elimination no way. Local communities depend on property taxes for schools and all the other many local services. It’s a bridge way too far.
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Most people are as happy as they make up their mind to be. Abraham Lincoln |
#7
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Then again what city would approve more housing with zero property tax funds to keep it running.
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Do not worry about things you can not change ![]() |
#8
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So they will be catching up to Florida in the next 5 years. Why does this matter? It doesn’t! We are also lowering the sales tax and maybe our property tax will be lowered or eliminated. So which state will be the model for lowering taxes?
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#9
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I spent three years in Mississippi, and while the people are genuinely wonderful, the state faces significant challenges. It remains the poorest in the nation, with glaring deficiencies in infrastructure and limited opportunities for recreation or entertainment. Unfortunately, it also holds the grim distinction of having the highest murder rate per capita in the United States.
In contrast, Florida adopted forward-thinking tax policies nearly a century ago, eliminating personal income taxes in the 1920s, along with inheritance taxes. The state is now exploring the possibility of abolishing property taxes for seniors, further enhancing its appeal as a destination for retirees. Given these advantages and Florida's proactive approach to development, the likelihood of Mississippi bridging the gap is virtually nonexistent.
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Everything I Needed to Know About Life I Learned from the book "Mai Tai's For Dummies” |
#10
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#11
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The elimination of property taxes could happen but probably unlikely simply because of inertia; the easiest thing to do is nothing. One estimate suggested that a doubling of the sales tax to 12% would make up the revenue. One possible issue is that sales tax revenue may not be as stable as property tax revenue.
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#12
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Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current |
#13
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#14
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#15
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We live in Louisiana, but I work in Mississippi. We will be moving to TV next year when I retire. I’ll be happy not pay state income tax to two states.
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