COLUMBIA, S.C. (WCSC) – State lawmakers introduced a new tax reform bill that would drop the state income tax to a rate below North Carolina and Georgia’s rates.
South Carolina Gov. Henry McMaster and a group of state lawmakers announced the new bill Tuesday at the State House.
The new bill would drop the state’s income tax rate from the current 6.2%, which leaders say is the highest in the southeast, to 3.99% in 2026…