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Index for Inflation Archive

Mississippi Income Tax Repeal: Additional Work Is Necessary

TweetShareSharePin0 Shares Mississippi, like most states, realized a significant budget surplus in 2021 and projects continued revenue growth over the coming years. As lawmakers in Jackson determine how to best invest these funds, they must also reconcile the state’s position in an increasingly competitive tax environment. Over the last two years, Mississippians watched as the

Fiscal Policy Inflation Tax Policy Options

TweetShareSharePin0 Shares Consumer prices rose by 7 percent in 2021, the highest annual rate of inflation since 1982. Where did this inflation come from and what might its impacts be? Tax and fiscal policy offer important clues. Initially thought to be “transitory” and largely the result of pandemic-related supply-chain issues, many economists at the Federal

Should Tax Policy Play a Role in Tobacco Harm Reduction?

TweetShareSharePin0 Shares Following the release of the House Democrats’ proposed Build Back Better Act, federal tobacco and nicotine taxation has been a hot topic in the United States. In an effort to raise roughly $100 billion, the House proposal would double cigarette taxes and increase all other tobacco and nicotine taxes to comparable rates—a strategy
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