South Carolina currently enjoys a dubious distinction: “highest top personal income tax rate in the Southeast.” Our rate is a whopping 7%. Meanwhile, our neighboring states have been on the move to modernize their tax systems. Georgia recently came off pit row and joined the race to lower their rates. Florida doesn’t tax personal income, and Tennessee
The idea that “experts know best” has been so pervasive for so long in certain quarters that senses have been dulled to what real people know to be true. That “tone-deafness” was what shifted ticket-splitting Virginia parents to Republican Glenn Youngkin according to media reports, including (even!) CNN.
South Carolina lost 441 farms between 2012 and 2017, especially in rural counties. Part of that is surely due to broader trends of market consolidation as well as a slough of untimely droughts and hurricanes – but could outdated and entrepreneurship-killing regulations be contributing too?
Promoting Public Policy that Helps South Carolinians Flourish
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