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This article was originally published in The Lion. Up to 10,000 South Carolina students will be eligible for school choice this fall after Gov. Henry McMaster signed legislation restoring and expanding the state’s previous program. The Palmetto State had a school choice program last year, but the state Supreme Court abruptly halted it in September, just weeks into the
H.4216 would set South Carolina’s individual income tax—currently at 6.2%—on a path to 0%. No state has eliminated its income tax in 45 years, but H.4216 would set South Carolina on the road to repeal. H.4216 would also shift South Carolina to a federal AGI-based income tax calculation. Flattening tax rates is the clear trend
Palmetto Promise Institute, in collaboration with The Buckeye Institute, has conducted an economic impact study on the newly amended H.4216, a proposal by the state’s Republicans leaders to move South Carolina’s highest-in-the-southeast income tax to two tiered rate of 5.39% and 1.99%, based on Adjusted Gross Income (AGI). Our findings show how South Carolina’s economy
This commentary by Palmetto Promise board chair Phil Hughes was originally published in the Post and Courier. From stem to stern, South Carolina’s lawsuit system is broken — and anyone who’s run a small business, owned a restaurant that offered alcohol or driven a truck knows it. Sky-high insurance rates, nuclear verdicts and the chilling
South Carolina’s electricity market is at a crossroads. Composed of utilities operating under a vertically integrated model with limited competition, the state faces growing pressure to reduce costs, find new generation, and ensure long-term grid reliability. While efforts like the Southeast Energy Exchange Market (SEEM) have introduced modest reforms among a subset of utilities in