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.

Americans for Tax Reform’s Patrick Gleason writes in Forbes about South Carolina's income tax cuts, quoting PPI senior fellow Dr. Oran Smith.

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.

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 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.

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?

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.

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 Yet South Carolina’s outdated tax code holds the state back in the national and global competition for new business, jobs, investment and people.

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.