South Carolina Lawmakers Reach Deal To Cut Income Tax
Americans for Tax Reform’s Patrick Gleason writes in Forbes about South Carolina's income tax cuts, quoting PPI senior fellow Dr. Oran Smith.
Americans for Tax Reform’s Patrick Gleason writes in Forbes about South Carolina's income tax cuts, quoting PPI senior fellow Dr. Oran Smith.
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
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 Yet South Carolina’s outdated tax code holds the state back in the national and global competition for new business, jobs, investment and people.
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.
Tax reform advocate Ellen Weaver of the Palmetto Promise Institute said the surplus shows the state can handle big changes — such as lowering rates and broadening the base — in revenue collections. Weaver added current budgeting practices need to be addressed.
This originally appeared in the Statehouse Report on March 16, 2018. By Lindsay Street, Statehouse correspondent South Carolina could get its first real shot at income tax reform this session or next after more than a decade of talk, said Speaker Pro Tem Tommy Pope, R-York. That’s thanks to a little-known, annual adjustment called conformity
This originally appeared on the Statehouse Report on March 9, 2018. By Joe E. Taylor Jr., special to Statehouse Report The Columbia Business Report recently wrote about a study from WalletHub.com, which claimed that South Carolinians pay the sixth-lowest residential property taxes in the nation. That sounds great. But sadly for taxpayers, it’s not the whole story.
To achieve real, substantive tax reform, policy makers need a roadmap, good information and determined leadership. The future prosperity of our state and people depends on it.
Dr. Rebecca Gunnlaugsson unveils a groundbreaking tool to help lawmakers fix SC's broken tax system and promote fairness, sustainability and growth.