Published May 28, 2009 By Nicole Smith, Independent Mail ANDERSON — A new report says South Carolina residents are paying on average $1,017 a year in “hidden health taxes” as part of their family health care premiums. The hidden health tax comes in premium surcharges when families, individuals and small businesses buy health insurance, according to […]
Study says S.C. families pay hidden health care tax Read More »
The South Carolina House is considering giving a sales tax exemption to Amazon if the company builds a new distribution center in Lexington County. The SCSBCC opposes the tax exemption because it would create an uneven playing field for small businesses competing with Amazon. Read the SCSBCC letter to House members. A new retail organization, SC Alliance for
Action Alert!!! Stop Unfair Sales Tax Exemption Read More »
The Small Business Chamber supports tax fairness for small businesses. Small businesses that sell durable medical equipment reimbursed through Medicare and Medicaid are prohibited by federal and state law from adding sales tax to the purchase yet must pay the sales tax to the state. This simply is unfair. The Small Business Chamber supports phasing
Medical Equipment Sales Tax Exemption Read More »
By Kyle Stock, The Post and Courier Published March 17, 2006 A cadre of state lawmakers has proposed adding 32 cents per pack to the cigarette tax to help small businesses pay for health insurance. Under the legislation introduced Thursday, the Small Business Health Insurance Premium Assistance Act, businesses with 75 or fewer workers would
Cigarette tax hike proposed Read More »
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 »
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 »
