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Reading: Mississippi lawmakers to propose one-time tax rebate in 2023
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Featured NewsLatest NewsPoliticsTrending News

Mississippi lawmakers to propose one-time tax rebate in 2023

Kelly Bennett
By Kelly Bennett November 30, 2022
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The Mississippi legislature passed the largest tax cut in state history during the most recent session, and in spite of challenging economic times, they’ve managed a $1.5 billion surplus.

At least two lawmakers – Lt. Governor Delbert Hosemann and Senate Appropriations Chairman Briggs Hopson – think it’s time to give some of that money back.

“I proposed last year, and I will propose this year a tax rebate, which is a one-time payment. You’re not going to break the budget by doing that. We know there are enough funds to be able to utilize that,” Hopson said. “I feel like, especially if we end up in a recession next year, the opportunity to get some funds out and get it in people’s pockets will help them absorb some of the high costs of products.”

Hosemann backed Hopson in offering a one-time rebate to Mississippi’s taxpayers, saying that the state is in the best economic shape it’s been in since 1817.

“We’re going to give them some of their money back,” Hosemann said. “And it ought to be given back to them.”

As for how much would be go back into the pockets of taxpayers, Hopson said it would depend on income.

“Anybody that paid an income tax would get some measure of relief, and then, there would be a cap on the top end.”

The full interviews with both Hosemann and Hopson can be watched below.

 

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By Kelly Bennett
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Kelly Bennett is a multimedia journalist for SuperTalk Mississippi News. An award-winning news and radio personality with over 30 years of broadcasting experience, she served several stints in the White House Press Pool as Mississippi recovered from the devastation of Hurricane Katrina. Additionally, Kelly co-hosted one of the most successful morning shows on the Mississippi Gulf Coast for over 20 years. The proud daughter of a Vietnam War veteran, Kelly enjoys playing guitar, anything sci-fi, and spending time with her family. For inquiries or story tips, email [email protected].

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