South Carolina currently has a graduated state individual income tax rate ranging from 0% to 6.40%. Recently, a bill was released that will collapse the state's income tax rate to a fixed rate of ...

State income tax bill in South Carolina . Late last month, South Carolina GOP leaders released a bill, known as HB 4216, to collapse the state’s income tax brackets into one fixed rate of 3.99%.

State income tax bill in South Carolina . Late last month, South Carolina GOP leaders released a bill, known as HB 4216, to collapse the state’s income tax brackets into one fixed rate of 3.99% ...

Most South Carolina workers will see less state taxes withheld from their paychecks in 2023.This comes from adjustments in the state withholding tax tables by the South Carolina Department of Revenue.

Lottery purchase regulations, teacher pay bumps, income tax cuts and educator certification changes are now in effect with ...

Gov. Henry McMaster called for the state to lower income taxes in 2018 when the rate was 7%. South Carolina's $600M surplus includes a $100M income tax cut, reducing rates from 6.4% to 6.2% ...

Instead of allowing South Carolina state taxpayers to apply the federal deductions to their income — currently $14,600 for single filers and $29,200 for married couples filing jointly — the ...

The new South Carolina budget proposal would lower the income tax rate. The exterior of the South Carolina State House on January 29, 2023, in Columbia. Win McNamee/Getty Images ...

COLUMBIA, S.C. (WSPA) – South Carolina leaders made an announcement on Tuesday regarding the future of the state’s income tax. Governor Henry McMaster announced a new bill to make the state ...