MS tax exempt bill for NIL fails

Shouldn't be too big of a deal. MS is getting rid of state income tax altogether in 5 years.

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Shouldn't be too big of a deal. MS is getting rid of state income tax altogether in 5 years.

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So it's a disadvantage for the next five years for programs that already struggle to compete?

Seems like kind of a big deal.

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So it's a disadvantage for the next five years for programs that already struggle to compete?

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Ole Miss is struggling to compete in the NIL era?

Has anyone informed Ole Miss of this?

If you describe the 5th winningest team with a top 4 finish the last 3 years as "struggling to compete" then I can't imagine how you'd describe Florida in that same timeframe.

I'd obviously describe Florida as struggling as well. Not sure that's the point or comparison to make here.

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Florida, Texas & Tennessee are other states with SEC schools that have no income tax.

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This is a little misleading since nobody pays income tax in those states.

I’m glad this didn’t pass. Kudos to the legislature

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Why should I have to pay taxes but an athlete shouldn’t?

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I guess for the same reason a coach can hire his son to assist him at a state institution... and take over for him when he retires...

And you can't.

As it should. Taxpayers should be outraged it was even considered

The problem is there are equal protection issues when you exempt certain people from income taxes. A constitutional challenge would likely get a lot of traction when you are protecting athletes in a state with the 2nd highest poverty rate in the country.

You can get away with exempting tips from taxes because it would be hard to find anyone who wants to put their name behind that constitutional challenge. It would be reputational and political suicide to go after tip workers.