Allowing Counties to Impose a Gas Tax Increase via Referendum
S.244 would allow the governing body of a county to enact an ordinance creating a referendum on a local gas tax increase of up to 5 cents a gallon to…
Sales Tax for Online Purchases
S.170 is a reintroduction of last session’s S.870. Like last session’s bill S.170 would make internet retailers who make at least $10,000 from South Carolina consumers in a given year…
Creating a State Level Earned Income Tax Credit
H.3029 would allow lower income taxpayers to apply a credit to their South Carolina income taxes worth a designated percentage of the federal earned income tax credit (EITC). The credit…
Raising Fines and Fees for the Highway Fund
House members have introduced a number of bills that seek to increase funding for infrastructure by either raising or implementing new fines, fees, and taxes. H.3004 and H.3065 both require…
Abolishing the Corporate Income Tax
H.3085 and H.3163 would both abolish the state corporate income tax by gradually lowering the rate of the tax over four years until the tax is finally eliminated in 2018.…
Eliminating State Income Tax
Companion bills S.155 and H.3678 are near identical to last session’s S.901, which never made it out of committee. Each bill would gradually eliminate South Carolina’s individual income tax over a five-year period by reducing…
Swapping an Income Tax Decrease for a Gas Tax Increase
S.27 would reduce the tax rate for all state income tax brackets by 2 percent over 10 years in exchange for an increase in the gas tax from 16 to 36…
Imposing a tax on Liquefied Natural Gas
S.23 would alter state law to impose a 16 cent per gallon tax on liquefied natural gas. This is an attempt to raise additional funds for transportation in South Carolina. As…