Mississippi tax collections improve for start of budget year - WLOX.com - The News for South Mississippi

Mississippi tax collections improve for start of budget year

By EMILY WAGSTER PETTUS
Associated Press

JACKSON, Miss. (AP) - Mississippi tax collections are looking better than they did this time last year.

The Legislative Budget Office released figures Friday showing tax collections for July and August - the first two months of the current budget year.

Overall collections are nearly $54 million higher than they were during the same two months a year ago. That is about an 8.1 percent increase.

The biggest increase was in individual income tax collections.

Corporate tax collections decreased, as expected, because tax cuts enacted by the Legislature are starting to take effect.

Sales tax collections are higher for the first two months of this year, compared to last year.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NEWSMore>>

  • Ocean Springs resident concerned about family in Puerto Rico

    Ocean Springs resident concerned about family in Puerto Rico

    Wednesday, September 20 2017 9:49 PM EDT2017-09-21 01:49:37 GMT
    Gloria Perez watches for any news from her hometown in Puerto RicoGloria Perez watches for any news from her hometown in Puerto Rico

    Ocean Springs resident Gloria Perez awaits any word from her family in Arecibo, Puerto Rico. Perez, who came to South Mississippi 24 years ago, spent her day Wednesday watching the television, hoping for news following the landfall of Hurricane Maria. She last spoke to her family Tuesday night. 

    More >>

    Ocean Springs resident Gloria Perez awaits any word from her family in Arecibo, Puerto Rico. Perez, who came to South Mississippi 24 years ago, spent her day Wednesday watching the television, hoping for news following the landfall of Hurricane Maria. She last spoke to her family Tuesday night. 

    More >>
  • Could oyster sack limit hurt local restaurants and businesses?

    Could oyster sack limit hurt local restaurants and businesses?

    Wednesday, September 20 2017 6:29 PM EDT2017-09-20 22:29:08 GMT
    To keep up with the demand, Quality Seafood’s business manager says they buy them from neighboring states. (Image Source: WLOX News)To keep up with the demand, Quality Seafood’s business manager says they buy them from neighboring states. (Image Source: WLOX News)

    Quality Seafood in Biloxi sells oysters year-round. To keep up with the demand, they buy them from neighboring states but always look forward to snagging the local ones.

    More >>

    Quality Seafood in Biloxi sells oysters year-round. To keep up with the demand, they buy them from neighboring states but always look forward to snagging the local ones.

    More >>
  • Mississippi fighting opioid crisis

    Mississippi fighting opioid crisis

    Wednesday, September 20 2017 6:19 PM EDT2017-09-20 22:19:59 GMT
    In 2016, Mississippi saw at least 211 deaths from drug overdoses. (Photo source: WLOX)In 2016, Mississippi saw at least 211 deaths from drug overdoses. (Photo source: WLOX)

    Psychologists from around the state are on the coast for the 2017 Mississippi Psychological Association Convention. Included on the agenda is what public health officials have called an opioid epidemic.

    More >>

    Psychologists from around the state are on the coast for the 2017 Mississippi Psychological Association Convention. Included on the agenda is what public health officials have called an opioid epidemic.

    More >>
Powered by Frankly