South Carolina Senators recently advanced nearly $400 million in tax cuts for this coming budget year. The state budget can ...
COLUMBIA — Republican leaders in the S.C. Legislature are proposing billions of dollars in income tax relief over the next several years, joining a cavalcade of red states that have moved to slash or ...
South Carolina’s income tax system is meant to eventually switch to a flat tax rate over time and then eventually phase out the income tax all together, under a plan moving through the Senate.
House Ways and Means Chairman Bruce Bannister, R-Greenville, (at the podium) outlines the GOP income tax plan on Tuesday, March 25, 2025, surrounded by House and Senate Republicans. (Photo by Travis ...
House Ways and Means Chairman Bruce Bannister, R-Greenville, discusses an income tax reform proposal that would lead to bringing the tax rate to 3.99% from the top rate of 6.2%. Travis Bell/Statehouse ...
Columbia S.C. (WSPA) – South Carolina state leaders introduced a bill last week which could affect the amount of income tax you pay. The income tax in South Carolina currently ranges from 0 – 6.2%.
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McMaster in final State of the State pledges to sign law eliminating South Carolina income tax
Gov. Henry McMaster used his final State of the State address Wednesday to tout South Carolina’s economic growth, while warning that rapid population growth is straining the state’s ability to keep up ...
Senate Finance Committee Chairman Harvey Peeler doesn’t like anyone out tax cutting him. So with the Finance Committee pushing through a House income tax reform plan, the upper chamber is poised to ...
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