SC Governor proposes eliminating corporate income tax
South Carolina Governor Mark Sanford unveiled tax plans proposing to end the 5 percent corporate income tax over a decade by phasing out incentive breaks. He targets 14 credits including job retraining and hydroelectric incentives, citing Cabela’s as an example of targeted aid. The plan aims to tax neutral growth while funding changes with higher cigarette taxes, a landfill fee, and ending sales tax holidays. He also offers a choice between a 7 percent top income tax with deductions or a flat 3.65 percent with no deductions.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
Mark Sanford
Sanford
Greer
Cabela’s Inc
Cabela
Palmetto State
South Carolina Briefs Highlight Fatal Shooting and Legal Moves
A South Carolina man killed his ex-girlfriend's sister and then killed himself after a police standoff in Greenwood. Separately, Judge G Ross Anderson received a lifetime achievement award from the state trial lawyers group. The College of Charleston may see a record number of applications for the next academic year, and a state House bill would allow weapon carry without a permit. A Mount Pleasant firm will block traffic to TheRADIO.com from a white supremacist blog. Health researchers rate SC disaster readiness as improving with gaps in liability laws and vaccine supply planning.
MENTIONED IN THIS ARTICLE
Greenwood
South Carolina
Greenwood County
Manyone
Index Journal of
Lashonda Dorn
Torrance Wideman
Columbia
South Carolina Association For Justice
G. Ross Anderson
Anderson
Association
Mike Hemlopp
South Carolina Trial Lawyers Association
House
Ways and Means Committee
Dan Cooper
Piedmont
Republican
Trust For America’s Health
Washington, D.C
North Carolina
Also Mentioned on This Page
S.C
Charleston
College of Charleston
Nix
Mount Pleasant
American Media Services Interactive
Theradio.com
Hal Turner
North Bergen
N.J
American Media
Ed Seeger
FDIC
Brooks Financial
St Fidelity Financial Group
First Fidelity Bann, It
First Fidelity Savings & Loan
First Fidelity Financi
Wioner Pith, Td
Clothiers
Aiken
Laurens St
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