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Gov. McMaster announces tax rate cuts for SC businesses

Summary by WCBD
(WSPA) -- Governor Henry McMaster announced Monday that South Carolina's unemployment insurance tax rates will decrease or remain the same for employers in 2026, resulting in a projected $40 million reduction in UI tax costs compared to 2025. The announcement was made alongside S.C. Department of Employment and Workforce (SCDEW) Executive Director William Floyd, highlighting [...]

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WCBD broke the news in Charleston, United States on Wednesday, November 19, 2025.
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