What is South Carolina’s Business Climate?
South Carolina is competitive on Corporate Taxes, and in recent years the Palmetto State has begun to chip away at high Individual Tax and Unemployment Insurance Tax rates.
Lurking in Build Back Better: An Attack on South Carolina Families
It was the Affordable Care Act that promised to lower healthcare costs with the additional selling point “if you like your provider, you can keep it.” If BBB passes in its current form, middle class Americans will get a right hook to go with ACA’s left jab.
North Carolina Cuts Taxes….Again.
For years, Palmetto Promise has outlined the urgency of creating a tax system that is stable, competitive, and fair. The stars are aligning to make that happen if we can find the pedal on the right.
The Blue Flu Pandemic
The leading symptoms are a penchant for tax raising and aversion to sunlight, the kind of sunlight that comes from being transparent with people trying to recover from a pandemic about how you are adding to their pain.
A Rainy Day Update
How does the Palmetto State stack up against the other 49 in terms of saving for fiscal catastrophes, both with emergency budget set asides and budget surpluses?
South Carolina special session on tap to spend $5B
PPI senior fellow Oran Smith is quoted in this Center Square article on the South Carolina state budget. (The Center Square) – The South Carolina General Assembly adjourned its 2021 regular session last month but lawmakers will return to Columbia on June 8 for a special session to allocate as much as $5 billion in
Extended Session: The SC Legislature and The Massive Mound of Money
The House is slated to return for a budget session on Tuesday, June 8, and there will be lots of candy in the window. Just look at what the budget writers have to play with for the fiscal year beginning July 1, 2021.
Op-Ed: Not so happy Tax Day for Palmetto State residents
South Carolina is among the nation’s top magnets for new residents in recent years because the Palmetto State is a great place to live. Yet South Carolina’s outdated tax code holds the state back in the national and global competition for new business, jobs, investment and people.
A Tax Day Reminder: Cut South Carolina’s Income Tax
As Tax Day rolls around once again, Palmetto State residents are painfully reminded that—when compared to our Southeastern competitors—South Carolina currently takes home the trophy for "highest personal income tax rate"... a whopping 7%. Meanwhile, our neighboring states have been on the move to modernize their tax systems.
South Carolina Legislature convenes Tuesday; McMaster’s state of the state address Wednesday
PPI President and CEO Ellen Weaver is quoted in Center Square regarding PPI’s priorities for the 2021 legislative session. (The Center Square) – South Carolina lawmakers will return to Columbia on Tuesday to begin the 2021 legislative session, and more than 800 pieces of legislation already have been filed for the General Assembly to consider.