Cuts to property and income taxes for some SC residents advance in Senate • SC Daily Gazette

Cuts to property and income taxes for some SC residents advance in Senate • SC Daily Gazette

Senate Finance Chairman Harvey Peeler, R-Gaffney, pictured talking with Senate Judiciary Chairman Luke Rankin, R-Myrtle Beach, in Senate chambers on Thursday, Jan. 11, 2024, proposed a property tax cut to go along with the House's proposed income tax cut. (File/Mary Ann Chastain/Special to the SC Daily Gazette)COLUMBIA — Income and property taxes could both go down for some South Carolina residents next year under dual bills advanced out of a Se…