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Tax cut plans could worsen S C budget strains, economists warn
Two economists say GOP gubernatorial tax cut proposals shift revenue to sales taxes, endangering school, municipal funding. They note property tax cuts raise reliance on sales taxes, risking volatility. Local leaders worry about funding teacher salaries, sidewalks, and other services.
MENTIONED IN THIS ARTICLE
S.C
Columbia
South Carolina
GOP
Don Schunk
University of South Carolina
Charlie Condon
Ken Wingate
Mark Sanford
Bill Branton
Statehouse
Frank Hefner
College of Charleston
Furman University
Danielle Vinson
Hunter Howard
Michigan
Lexington County
Ronnie Morrow
Morrow