Tax Reform

 

Tax policy is critical to existing businesses and potential companies deciding to locate or expand in South Carolina. Decisions are based largely on competitiveness, predictability and sustainability.

 

The Problem:

The South Carolina Chamber Supports:

  • Modernizing the state's tax code to reflect a strategy that is competitive and supports a long-term vision of growth and prosperity
  • Finding a solution to prevent the continued transfer of the property tax burden to businesses, particularly small businesses
  • Reforming personal income tax to be more competitive in the South East.

Learn more about how South Carolina’s taxes stack up to other states here.