“Pathway to zero”- McMaster announces new 5.21% state income tax rate, gubernatorial candidates respond
Congresswoman Nancy Mace credited the tax reduction but stated South Carolina must move faster toward full elimination.
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tl;dr
South Carolina Governor Henry McMaster signed H. 4216 to lower the top state income tax rate to 5.21%. While supporters call it a win for families, several Republican gubernatorial candidates criticized the measure for not eliminating the tax entirely or addressing government spending.
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NMNancy MaceR-South Carolina-1
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