Cuts, Cuts, and More Cuts


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Last Thursday South Carolina legislators passed a substantial tax cut package, two weeks after the legislative session was scheduled to end. Fierce disagreement between policymakers caused delays but lawmakers finally reached a compromise. Starting November 1, South Carolina visitors and residents will no longer pay a three percent sales tax on groceries. Of course, there are more targeted ways to assist low income tax payers than simply eliminating the grocery tax altogether (take a look at ITEP's policy brief). Progressives did win a defensive victory by lobbying hard against the House plan to lower income tax rates for better off South Carolinians. Instead, the state's bottom income tax rate was eliminated - a move that benefits taxpayers at all income levels.

Thank you for visiting Tax Justice Blog. CTJ and ITEP staff will soon retire this domain. But ITEP staff are still blogging! You can find the same level of insight and analysis and select Tax Justice Blog archives at our new blog, http://www.justtaxesblog.org/

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