South Carolina House Approves Broad Corporate Tax Break Plan
The 105 to 9 vote advances a package phasing out corporate income tax by 2013 to spur economic development with credits for small firms and new worker hires while raising Commerce Department funding. A separate proposal considers deep cuts to disability services to close a 560 million budget gap, limiting help to about 4,800 recipients.
MENTIONED IN THIS ARTICLE
South Carolina
House
Senate
State Commerce Department
South Carolina budget fights fuel education and tax debate
Activists lobby against cuts to group homes as state budget talks threaten services. The schools chief warns of increased class sizes with 2010-11 cuts and calls for tax increases. Legislation also weighs unemployment tax, a 5 fee repeal, civil suit caps, and a proposed cap on punitive damages.
MENTIONED IN THIS ARTICLE
State House
South Carolina
Jim Rex
House
Senate Finance Committee
Senate
Larry Martin
Pickens Republican
Georgia
Florida
North Carolina
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