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South Carolina's House passes bill to eventually eliminate state income taxes, but Senate delays action.
South Carolina's House has passed a bill that could eventually eliminate state income taxes.
The bill lowers the top tax rate to 5.39% for those earning over $30,000 and to 1.99% for those below, potentially leading to a single flat rate.
About one in four taxpayers would see their taxes rise.
The Senate, however, will not consider the bill this year, opting to study it further before January.
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La Cámara de Carolina del Sur aprueba un proyecto de ley para eliminar finalmente los impuestos estatales a la renta, pero el Senado retrasa la acción.