South Mississippians don't like the idea of higher taxes - - The News for South Mississippi

South Mississippians don't like the idea of higher taxes


Early Tuesday morning, the so-called fiscal cliff was averted with the Senate voting to pass a stopgap measure. Most voters are aware of the more well known provisions of the bill. But many don't realize the bill did not extend the payroll tax deduction passed two years ago. That means every working American pays two percent more in taxes starting today.

Derek Jacobs is starting the new year with a clean car, and a higher tax bill.  

"Well, basically it's going to affect the way me and my family, a lot of things has far as food and groceries, bills," Jacobs said. "The hike is going to be an effect to me and everyday life."  

Mitchell Benjamin is more concerned with the long term impact of higher taxes.

"I don't think that's too good for the economy," Benjamin said. "If our taxes go up and the payrolls go up, how can we afford that when everything is going up? I think we're going back into another depression."

Is the nation's capital dysfunctional? Philip Crothers, out for a walk along the beach, seems to think so. 

"Plato said that if you don't participate in politics you're doomed to being ruled by your inferiors. And he didn't say just vote. Voting is about all people are willing to do," Crothers explained. 

Small business owners like Denis Kennedy are worried about the future.  

"It's going to affect everybody that has a small business. You won't be able to buy new equipment and it just makes things a lot tougher," Kennedy said.  

While most of the people I talked with Tuesday say they don't like the idea of paying higher taxes, many think it won't impact them greatly. Others, however, say they will have to re access their lifestyles. 

You can place Wanda Shaw squarely in that camp, as she unloads the weekly groceries. 

"Well, we have a trip planned for Disney in February and we may not have planned that had we known this was going to happen," Shaw said.  "I work part time and I may have to increase the time that I'm working. My husband is retired and he may be looking at working part time."

Still to be decided by Congress are deficit reduction measures, and raising the nation's debt ceiling, which will be reached in two more weeks. 

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