Governor McMaster Proposes $600 Million Income Tax Cut

(Columbia, SC) - Governor McMaster is proposing a 600-million dollar income tax cut. 

Under the plan, the state's highest tax bracket at seven-percent would be cut to six-point-five-percent, and the four, five, and six-percent tax brackets would be cut to three-percent. 

All but about 120-thousand of the people who pay taxes in South Carolina would be impacted by the change. 

Republican House leaders back the governor's proposal.


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