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How did Mississippi earn the grade of A? We examined the state taxes based on how age friendly they are. Mississippi has a state sales tax of 7.00%. Of particular interest is that Mississippi does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Mississippi has an effective property tax rate of 0.80%. Weighing these taxes and other taxes most likely to impact the aging population is how Mississippi earned its state tax grade of A.
Learn more about taxes in Mississippi