Local News
Proposal: eliminate income tax, add 5% tax on gas, allow cities, counties to levy local sales tax
SUMMARY: House leaders released a comprehensive tax cut proposal aiming to abolish the state income tax, reduce grocery taxes, and boost local sales and roadwork funds. The plan would decrease the income tax from 4% to 3% this year, progressively eliminating it within a decade. It also reduces the 7% grocery sales tax to 2.5%, introduces a 1.5% local sales tax, and adds a 5% gasoline tax for transportation. The proposal faces scrutiny regarding its potential regressive impact on low-income earners. The bill will first be considered by the House Ways and Means Committee before potential Senate review and governor approval.
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SUMMARY: The University of Southern Mississippi has partnered with Mississippi College to offer an accelerated law school pathway. This agreement allows qualified students to earn both a bachelor’s degree and Juris Doctorate (JD) in six years, saving one year compared to traditional programs. Students will complete their undergraduate coursework, then enter Mississippi College’s law school, with their first-year law courses counting toward their bachelor’s degree. Eligible students must meet LSAT requirements and apply to law school in their third year. This partnership aims to retain talented lawyers in Mississippi and provide a streamlined path to legal careers.
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SUMMARY: High school seniors can now secure early admission into the Bachelor of Science in Nursing (BSN) program at Mississippi University for Women through the Freshmen Early Acceptance (FEA) Program. Designed for high-achieving students, the program requires a minimum ACT score of 24 and a GPA of 3.5. The Vandergriff College of Nursing, ranked best in Mississippi and 39th nationally, prepares nurse generalists for healthcare roles. Students must maintain a GPA of 3.0 and pass all prerequisite courses with a grade of “C.” For more information, visit the university’s nursing program website.
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SUMMARY: The IRS is distributing approximately $2.4 billion to about 1 million taxpayers who overlooked claiming the Recovery Rebate Credit on their 2021 tax returns, which could provide up to $1,400 per individual. This initiative was announced after the IRS identified eligible taxpayers who filed their returns but didn’t claim the credit. Payments will be made automatically by late January without requiring amended returns. Taxpayers who haven’t filed for 2021 can still claim the credit by the April 15, 2025 deadline. The program aims to assist those who missed out on previous Economic Impact Payments during the pandemic.
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News from the South - Florida News Feed7 days agoCNN defamation trial comes at a rough time for legacy media — and for the struggling network
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News from the South - Kentucky News Feed5 days agoMetal armored fighting takes over the cage this weekend in New Albany
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