Every SC taxpayer gets at least $100 rebate in Senate bill
By Jeffrey Collins
COLUMBIA, S.C. (AP)– Everybody who files an income tax return in South Carolina would get a rebate check of at least $100 in a bill being considered by the state Senate. That includes the more than 1 million people who pay no state income tax. The rebates make up about half of a $2 billion package. A subcommittee sent the bill to the full Senate Finance Committee on Thursday. The measure also would cut the top income tax rate from 7% to 5.7%. The Senate proposal doubles the money put into tax cuts by the House, which unanimously passed its own tax package without a rebate last week.