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MS tax exempt bill for NIL fails
Posted on 3/17/26 at 12:52 pm
Posted on 3/17/26 at 12:52 pm
5
Posted on 3/17/26 at 12:54 pm to Night Vision
Shouldn't be too big of a deal. MS is getting rid of state income tax altogether in 5 years.
Posted on 3/17/26 at 1:01 pm to Quicksilver
Lol no they're not. At earliest it would be 2038, but even then it would have to meet several provisions to get to that point which it won't. Plus theirs a clause that allows them to stop dropping the percentage at any point. It was just another lie by Tate to make himself feel good.
Posted on 3/17/26 at 1:03 pm to Quicksilver
quote:
Shouldn't be too big of a deal. MS is getting rid of state income tax altogether in 5 years.
So it's a disadvantage for the next five years for programs that already struggle to compete?
Seems like kind of a big deal.
Posted on 3/17/26 at 1:04 pm to The Winner
I'm no Tate fan so nothing there would surprise me - I thought it was by 2031 though.
The way they implemented the rest of the tax hikes immediately but delayed the income tax drop was borderline criminal.
The way they implemented the rest of the tax hikes immediately but delayed the income tax drop was borderline criminal.
Posted on 3/17/26 at 1:05 pm to jonnyanony
quote:
So it's a disadvantage for the next five years for programs that already struggle to compete?
Ole Miss is struggling to compete in the NIL era?
Has anyone informed Ole Miss of this?
Posted on 3/17/26 at 1:08 pm to Quicksilver
quote:
Ole Miss is struggling to compete in the NIL era?
Has anyone informed Ole Miss of this?
Oh my bad forgot about all those championships
Posted on 3/17/26 at 1:12 pm to jonnyanony
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.
Posted on 3/17/26 at 1:15 pm to Quicksilver
Why should I have to pay taxes but an athlete shouldn’t?
Also our stat tax will only be like 4 percent next year. We aren’t talking California’s income tax here
Also our stat tax will only be like 4 percent next year. We aren’t talking California’s income tax here
Posted on 3/17/26 at 1:15 pm to Quicksilver
I'd obviously describe Florida as struggling as well. Not sure that's the point or comparison to make here.
Posted on 3/17/26 at 1:16 pm to Night Vision
quote:
Florida, Texas & Tennessee are other states with SEC schools that have no income tax.
This is a little misleading since nobody pays income tax in those states.
Posted on 3/17/26 at 1:17 pm to borotiger
That's exactly what they said
Posted on 3/17/26 at 1:22 pm to jonnyanony
I’m glad this didn’t pass. Kudos to the legislature
Posted on 3/17/26 at 1:39 pm to Night Vision
fricking good. I don’t know many people, Ole Miss or State fans, that wanted this to pass
Posted on 3/17/26 at 1:56 pm to GreyReb
quote:
Why should I have to pay taxes but an athlete shouldn’t?
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.
Posted on 3/17/26 at 2:09 pm to Night Vision
Posted on 3/17/26 at 2:41 pm to Night Vision
As it should. Taxpayers should be outraged it was even considered
Posted on 3/17/26 at 3:01 pm to GreyReb
quote:
Why should I have to pay taxes but an athlete shouldn’t?
Which is why it will never pass, nor should it.
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