By Jim Davenport, Associated Press April 13, 2005 COLUMBIA, S.C. (AP) – Gov. Mark Sanford has decided to go along with a pared-down income tax break and a potential showdown on one of his top political goals. House Speaker David Wilkins told the House on Tuesday that Sanford would rather have a break-benefitting small-businesses owners […]
Sanford agrees to small-business tax break Read More »
THANK YOU FOR YOUR HELP!! Small Businesses To Receive Tax Cut Small businesses have a good reason to celebrate. Today the S.C. House concurred with a Senate version of a tax-cut bill that will reduce the state income tax over four years on small businesses from 7% to 5 %, the same rate C-corporations now
Legislative Update: Small Businesses to Receive Tax Cut Read More »
By Frank Knapp, The State Published April 11, 2005 The State should be congratulated for its recent editorial recognition that the state income tax on small business profits should be reduced from 7 percent to 5 percent, the same rate larger corporations now pay. The editorial stated: “We’re delighted that the Senate is focusing on
State needs this business tax cut Read More »
The following issues are addressed in this fourth edition of our newsletter in 2005. LEGISLATIVE & ISSUE UPDATE: Senate Tax Reduction Plan Targets Small Businesses Assessing Economic Impact of State Purchases: Follow the Money Tort Reform Signed by Governor Workers Comp Fraud Addressed by Senate Budget Subcommittee Bill Filed to Reform Universal Service Fund,
Small Business Bulletin- 3/28/05 Read More »
By Jim Davenport, Associated Press March 24, 2005 COLUMBIA, S.C.– Gov. Mark Sanford showed up at a Senate subcommittee meeting Wednesday in what turned out to be a losing effort to win support for his centerpiece plan to spur small business growth and attract wealthy retirees and executives to the state with an income tax cut.
Sanford’s tax plan fails in Senate subcommittee Read More »
By JIM DAVENPORT, The Times and Democrat March 22, 2005 Gov. Mark Sanford’s plan to cut income taxes is expected to fail this week as it competes for votes in a Senate subcommittee with a bill that has much broader support. Sanford’s centerpiece legislation calls for the state to reduce its top income tax rate
Sanford, Senate’s income tax plans set for clash Read More »
The following issues are addressed in this third edition of our newsletter in 2005. LEGISLATIVE & ISSUE UPDATE: -Universal Service Fund Wasting Millions But Telephone Customers Still Paying -Ways & Means Adopts Half of Workers Comp Reform Request -Bi-Partisan Senate Bill Targets Small Business Income Tax Reduction -Tort Reform Passes House and Progresses in Senate
Small Business Bulletin – 3/8/05 Read More »
Columbia, SC– South Carolina small business and residential telephone customers could save millions of dollars a year thanks to a Legislative Audit Council (LAC) review released yesterday. Last year, the SC Small Business Chamber of Commerce urged the State Senate to call for an audit of the state universal service fund (USF), a 2.9% surcharge
Recommendations Can Save Telephone Customers Millions Read More »
The following issues are addressed in this edition of our newsletter: Health Care: Forums Held to Promote Solutions to Affordable Health Insurance/Care Contract Lobbyist Added to Pursue Legislative Agenda Georgia Seeks Small Business Chamber Input Entrepreneurship: Effort to Build Entrepreneur Friendly Communities Launched Small Business Chamber Joins FastTracSC Coalition Workers Compensation: Judge Rules Against Department
Small Business Bulletin – 2/12/2005 Read More »
by Peter Hull, The Island Packet January 21, 2005 With a revised federal loan program and a small-business friendly state that outperforms national growth, it’s a small-business world in South Carolina. An increase in the number of landscapers, janitorial services, nail salons and real estate agents helped revenue from small businesses jump almost 8 percent
South Carolina fertile ground for small businesses Read More »
