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SC Senate ups ante to $2 billion in income tax cut debate
The financial leader in the South Carolina Senate has proposed nearly $2 billion in income tax cuts and rebates. The plan by Senate Finance Committee Chairman Harvey Peeler adds an even larger number to the debate on cutting taxes heating up in the General Assembly. Peeler's plan would drop the state's top tax rate of 7% down to 5.7% when people file their returns next year. That would cost nearly $900 million. Peeler also wants to give $1 billion of one-time rebates to taxpayers, but the Gaffney Republican said he is still working on those details. Gov Henry McMaster and Republican House leaders proposed cutting the top state income tax rate from 7% to 6.5% on Tuesday.
This may sound like a broken record, but Taylor Swift has broken another record
Swift's The Tortured Poets Department has been the biggest album in the country for 12 consecutive weeks, the longest run atop that chart of her career.
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2:26
Japanese Tennis Star Naomi Osaka Bounced Out Of Tokyo Olympics
Osaka has been the face of these Olympics and was chosen to light the cauldron in the opening ceremony. She easily won her first two tennis matches but lost in the third round.
'The Color Purple' is the biggest Christmas Day opening since 2009
The Color Purple is now the second-biggest Christmas Day opening in history — $18 million on day one of its release.
SC Lede: Tim Scott? Oh, He's Runnin'
May 2, 2023 — Comments from Sen. Tim Scott (R-SC) about his expected 2024 presidential campaign; Christale Spain becomes the first Black woman to chair the South Carolina Democratic Party; a look at the final days of the state legislative session; and more.
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28:14
Is The Economy Sliding Into a Recession?
According to mid-year reports, the US economy appears to have shifted down and slid into the slow lane. Our next guest says the die was cast when the…
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5:49
SC Organization to Address Racial Equality
At the close of their annual summit last year, our next guest’s organization asked its attendees what was the most important issue for them to address…
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5:49
Investment Banking Activity Heats Up in SC
Mergers and acquisitions, debt financing, and private placements are all investment banking activities, that according to our next guest, are increasing…
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5:49
College of Charleston Launches German-American Business Summit
Germany has long been an important and strategic economic partner with the state of South Carolina. And because of that relationship, the College of…
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5:50
South Carolina Film Festivals Helping Industry Grow
While still small when compared to our neighboring states, South Carolina’s film-making industry continues to grow. And our next guest says our state’s…
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5:49
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