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Business Community Supports Governor’s Tax Cut Proposal for Those Who Serve

January 5, 2018

COLUMBIA, S.C. – The South Carolina Chamber of Commerce released the below statement today following Governor McMaster’s announcement on proposed tax relief for veterans, retired law enforcement and first responders:  

“South Carolina’s business community supports the Governor’s proposal today and we believe that, in addition to supporting those who serve, such tax cuts can help address the workforce shortage faced by employers across the state” said SC Chamber President & CEO Ted Pitts. “The South Carolina Chamber of Commerce has pushed for full exemption of military retirement benefits from taxation, and service members and public safety personnel often retire and move on to second careers. Our employers are looking for dependable, hardworking leaders to fill skilled positions, and the 45-year-old retired service member is an ideal candidate for these roles. While 23 states fully exempt military retirement benefits, South Carolina offers only a partial exemption, and we can do better. Making it easier for highly-skilled veterans, retired law enforcement, and first responders to bring their talents to South Carolina is not only the right thing to do for our workforce, it’s the right thing to do, period.”

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