New poll shows South Carolinians’ support for comprehensive tax reform

Tax & Budget
Blog · August 30, 2019

A recent poll conducted by the South Carolina Chamber of Commerce shows that 71% of registered voters support a simpler state tax code. Since 2017, Palmetto Promise has been doing the research to show how South Carolina’s unfair, unstable, and uncompetitive tax system is killing the little guy. The good news: states like North Carolina

Did you miss the big tax and energy news?

Energy
Blog · January 4, 2019

During those mad, mad days at the end of December, known as the Christmas holiday news hole, a number of bombshells dropped. Here are two that you will want to know about. Progress on the sale of Santee Cooper. Avery Wilks of The State reports that on the day before the state Public Service Commission

House wants income tax reform to conform

Tax & Budget
News · March 16, 2018

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

The myth of low average taxes

Tax & Budget
Blog · March 9, 2018

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

TAYLOR: 6th-lowest residential property taxes? Not so fast, S.C.

Tax & Budget
News · March 9, 2018

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.

House committee receives plan to make South Carolina competitive with southeastern neighbors

Tax & Budget
Blog · February 23, 2018

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