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 Sc1040es 2019

Sc Dor Sc1040es 2019-2025 Form

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it is likely south carolinians will pay less in state income tax next year the state house and senate will consider two tax cut proposals our jason raven breaks down both plans last week south carolina's board of economic advisors once again increased their revenue estimates for this upcoming fiscal year now this means lawmakers will have additional surplus money to work with in the upcoming budget and some lawmakers want to use this extra money for tax cuts well house republicans joined the governor to announce they were working toward a bigger income tax cut than proposed before they're looking at using 600 million dollars to cut income taxes for most south carolinians next year a tax cut has the impact mr of the pay rate and more money in the pockets of our people to spend is a catalyst for even more economic growth in south carolina the proposal would cut the highest income tax bracket from seven percent to six point five percent right away and eventually go down to

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