After 40 years of inaction, Mississippi and Kentucky race to abolish income taxes, sparking fierce debate over economic prosperity versus public service funding. Will your state be next?
Mississippi and Kentucky battle to abolish income taxes while critics warn of a hidden trap.
Could this race to match Alaska’s 1980 feat cripple essential services?
Federal funding hangs in the balance.
Both states have recently passed legislation reducing rates with revenue-based triggers that could eventually lead to complete elimination.
Mississippi’s governor emphasizes gaining competitive advantage against neighboring states like Texas and Florida that already have no income tax.
Conclusion
Can tax-free living revive the South? Mississippi and Kentucky race to abolish income taxes in historic showdown. Will prosperity follow or will public services collapse?