MISSISSIPPI COLLECTS MORE TAX DOLLARS THIS 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.

WCBI
9/8/17