SC House passes budget, income tax bills
SC House lawmakers have passed a more than $15 billion state budget.
Income tax
New bill aims to drop SC income tax rate from 6.2% to 3.99%, then to 2.49% in time
“You’ll have more to spend during your monthly paychecks, you’ll have more money to invest, more money to save. To summarize, a lower tax rate, a simpler tax system, and more money in your pocket,” Bannister says.
Gov. McMaster makes SC budget requests ahead of legislative session
In addition to investing in power and roads, the governor asks lawmakers to drop the state income tax to 6 percent, putting almost $200 million back into the pockets of South Carolina taxpayers.
S Carolina House leaders want to just tackle income tax cut
By Jeffrey Collins
Republican leaders in the South Carolina House appear ready to tackle cutting income taxes in the state before this year’s General Assembly session ends in May.
