Where does South Carolina’s personal income tax stand?
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Where does South Carolina’s personal income tax stand?
COLUMBIA, S.C. (WSPA) - South Carolina’s new budget will take effect July 1, lowering the top income tax rate to 6%. But unlike other neighboring states, the state lets taxpayers deduct federal taxes first, making the state less competitive. "That doesn't help us when people are Googling us and looking and they don't realize that [South Carolina] allows you to take all your federal deduction before we assess our tax, and no one else does that," …
·Savannah, United States
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