The Rest of the Tax Cut Story

Tax & Budget
Blog · October 13, 2022

During its 2021-22 session, the South Carolina General Assembly passed a cut in the personal income tax rate. Whew! Finally, the highest marginal personal income tax rate in the South (7%), which has never been cut since its adoption in 1959, is headed for extinction. That’s great news. It was also good to see the

The Blue Flu Pandemic

Tax & Budget
Blog · July 26, 2021

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

Tax & Budget
Blog · July 26, 2021

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?