re: Mississippi House pass a bill on no tax on NIL.

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Make 'em pay their tuition, room and board.

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Any player that receives NIL money that's more than a 4yr tuition bill.... should not receive a scholarship.

They can only excuse the state tax, not federal. Other states (see California) can go after NIL founds if games are played in their states.

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That's correct. Starting in 2027, the rate drops by 0.25 percentage points annually:
2027: 3.75%
2028: 3.5%
2029: 3.25%
2030: 3% (and remains at 3% unless further reductions trigger).
Then it's a 0.2% to 0.3% reduction each year until it's completely gone. By 2040 it'll be completely gone (some projections indicate by 2037 - depends on the growth triggers hit).

Wild seeing folks on here upset and wanting to see higher taxes on folks.

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Not for this to divert too far away from sports, but how is Mississippi planning on making up the shortfall on revenue? No offense, but the state isn't exactly known for being flush with corporate tax revenue.

Maybe we can all hope this leads to eliminating state income taxes for everyone.