"Mississippi's Push for Green Energy: New Battery Plant Challenges Tax Cut Plan"

1 min read
Source: Mississippi Today
"Mississippi's Push for Green Energy: New Battery Plant Challenges Tax Cut Plan"
Photo: Mississippi Today
TL;DR Summary

Gov. Tate Reeves, who has been advocating for the elimination of Mississippi's personal income tax to attract residents, secured legislative funding for a plant to manufacture electric vehicle batteries in north Mississippi. However, the plant's location near the Tennessee state line raises concerns about the effectiveness of the tax cut plan, as Tennessee residents may work at the plant and not necessarily move to Mississippi. This situation highlights the potential impact on state income tax revenue and the need for careful consideration of tax policies in attracting and retaining workers.

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