Without a significant fix, federal tax cuts would have actually meant state tax increases. Thankfully, House and Senate lawmakers came to an agreement and avoided the immediate tax crisis.
With every new year comes a new round of rankings on every topic imaginable. Apparently tax policy is no different, and its ranking season has begun. Two new state rankings reports place South Carolina among the top finishers in states with the lowest tax rates. The first report, by 24/7 Wall Street, uses Tax Foundation
Thursday, House Research staff presented a plan for statewide comprehensive income and sales tax reform to South Carolina Speaker of the House Jay Lucas and the South Carolina House Tax Policy Review Committee. The plan represents a critical step forward to create fairness for hardworking South Carolina citizens, stability to fund state promises and essential
To freedom-loving South Carolinians, the only worse words than “federal” and “conformity” spoken singly are “federal conformity” spoken jointly. The most current relevance of federal conformity refers to whether South Carolina should change its tax code to match the provisions of the sweeping (and very positive) tax law passed by Congress and signed by President
Breaking: South Carolina could fix its tax system too. Encouraging news from the Pope Committee's recent meeting.
Every day states compete for people, jobs and wealth. What kind of punch does South Carolina throw? Dr. Oran Smith calls the fight.
South Carolina leaders should take a lesson from North Carolina and the "California 11" when it comes to fundamentally fixing South Carolina's broken tax code.
South Carolina's tax code is a mess. But between lobbyist-guarded loopholes and legislative inertia, can it ever be fixed?
Senator Thom Tillis: "North Carolina is proof positive that successfully enacting tax reform reaps tremendous rewards: more growth, more jobs, more businesses and more revenue."
Transitioning to a defined contribution retirement plan for new state employees would be wise public policy for South Carolina taxpayers and would help us keep our promises to past, present and future state employees.
