Comment on CATHY GRACE: We were warned: Now the budget cuts have faces, names

CATHY GRACE News reports concerning the cuts to the state’s budget for the upcoming year beginning July 1 continue to highlight the folly in the notion to cut corporate taxes in 2018. The latest article quotes the Mississippi Comprehensive Financial Report. It clearly defines the primary reason for the shortfall in revenue in FY16 as a result a 16.5 percent decrease in corporate income tax and franchise tax as compared to the previous year.