South Carolina Tax Overhaul Stalls Again

An overhaul of South Carolina’s tax system looks like it will have to wait at least another year.

Overhaul legislation didn’t meet an April 10 deadline to pass a chamber. Although certain procedural maneuvers are possible, efforts are likely done for the year.

South Carolina lawmakers have been working on updating and simplifying the state’s tax code for several years. A flat income tax and a lowering of the sales tax rate coupled with the elimination of exemptions were floated in the House during 2018, but such broad revisions took a back seat to reacting to changes made to the ...