Higher jobless benefit tax irks South Carolina businesses
A Senate panel reviews plans to repay $933 million in federal unemployment loans and rebuild the jobless benefits trust fund after South Carolina overhauled the system. Some employers urge lower rate increases, warning of hurt livelihoods and possible relocations.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
Senate
John Byrnes
Harvey Peeler
Gaffney
J.J. Darby
NFIB
Darby
Otis Rawl
Chamber
Rawl
Byrnes
Obama
Tax breaks proposed to aid wealthy startup investors
In Columbia Republican lawmakers push a bill to grant tax breaks for millionaires investing in South Carolina startups to spur job growth amid high unemployment. Supporters argue the measure rewards risk taking to boost the economy. critics warn of revenue losses as the state faces a 700 million budget gap.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
Joan Brady
Joe Neat
Neal
Hopkins
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