Why the Michelin Man is Smiling in S.C.

The state and counties of Lexington and Anderson are doling out millions to Michelin North America for an $750 million expansion project that officials say will bring 500 jobs.

Data Center Incentives Bill Moves Forward

An S.C. House bill that originally provided additional taxpayer-backed incentives to national corporate headquarters locating in South Carolina has been retooled to extend certain tax breaks to attract large data centers, such as those operated by Google and Facebook.

Tax Breaks for Wealthy ‘Angel’ Investors Set for Senate Hearing

New examples of investment capital available to startup South Carolina companies call into question an argument for state government to get more involved in the venture capital business.

Padding the Legislative Session?

If S.C. Rep. Seth Whipper has his way, the 124-member House would start meeting every Monday when the General Assembly is in session.

Vendor-Preference Bill: Boost to S.C. Businesses, or Bust for S.C. Taxpayers?

South Carolina companies would have an easier time getting state contracts of more than $500,000 under an S.C. House bill, though some critics contend that taxpayers could wind up paying more if the proposal becomes law.

Sales-Tax Exemption Bill: Real Reform?

The latest S.C. House proposal to eliminate many state sales tax exemptions is a watered-down version of another House bill that has been stuck in committee, a review by The Nerve has found.

Governor, House Part Ways on Tax Reform

A potential overhaul of the state tax code this year has fallen into a parting of ways between Gov. Nikki Haley and the S.C. House, with Palmetto State taxpayers stuck in the middle as the potential losers.

Japan Trips, Other Taxpayer-Funded Freebies Offered to Bridgestone

Bridgestone Americas has been offered at least $57 million in incentives over 10 years to add a new plant and expand its existing plant at its Aiken County site.

Charleston Council Asks 'Where's the Property Tax Bills?'

Legislature Intent on Tax Reform? Oh Really?

Sales Tax Discount Costs State $20 Million-Plus Per Year

Property Tax System Still Uneven After Point-of-Sale Change

S.C. Forester Wants School Payments Cut

School District Mergers Bring Projected Cost Savings

Exemptions Proliferate in ‘Back-to-School’ Tax Holiday

Show Me the Money: Finance Officials Differ on State Budget

QVC Deal: Job-Creation Targets Less than Announced

Local Bills Again Under Scrutiny

Commerce: Amazon Exemption Won’t Cost State Tax Revenue

The state sales tax exemption granted to Internet retail giant Amazon will not result in any loss of tax revenue to South Carolina, if you ask the S.C. Department of Commerce.

'Angel' Incentives Halfway Through Legislature

Economic development incentives – think Amazon.com in the Midlands – and transparency related to such tax breaks – or lack thereof – were major issues in this year’s legislative session.

But amid much attention on those matters, a pricey proposed subsidy for a high-risk, high-dollar type of speculative investing made it halfway through the General Assembly with little notice.

Taxpayer Price Tag for Amazon Climbs to $61 Million

Lagging Sales Taxes Could Hurt Charleston Greenbelt Program

Amazon Tax Break Heading to S.C. Supreme Court?

Upstate HQs May Be Exempt from Corporate Income Tax

Bill Calls for Lowering State Sales Tax, Axing Exemptions

The Amazon.com Saga: Heading to Court?

Proterra Deal to Cost Tens of Millions to Taxpayers

South Carolina and Greenville County taxpayers won’t be getting any magic carpet rides with the construction of the Proterra electric- and hybrid-powered bus assembly plant in Greenville.

Retirement Tab Increases For S.C. Taxpayers

For the entirety of the previous decade a train wreck rolled toward South Carolina’s unemployment insurance system; and as it did, a few voices in the wilderness warned of impending disaster.

Their warnings, however, were ignored – and the train wrecked.

Bill Would Give Retroactive Tax Exemptions

A state senator is raising questions about a bill to grant retroactive tax exemptions, and whether the S.C. Department of Revenue is adhering to the General Assembly’s intent behind the incentives.

The origins of the questions trace back to 2008. But the issue is current with the retroactive tax breaks bill, which is pending on the Senate’s calendar for a third and final reading in the chamber.

Newberry OKs Sale of County-Owned Home

Newberry Officials Say Penny Tax Vital

Newberry Slows Sale of County Retirement Home

S.C. Taxpayers to Pay Filing Fees?

Legislature Playing Favorites

CRDA Uses Public Money to Push Command Economy

TRAC Gives Film Industry a Free Pass

BCB Fund Raid Illegal, Clyburn Says

District 5 Watchdog Facing Legal Action

TRAC Lets Boeing Keep Tax Breaks

Tensions Surrounding Chapin High Project Rise

Ten Percent of S.C. Farms Get 87 Percent of Subsidies

Sales Tax Referendum in Hands of Newberry Voters

'Army Wives' Gives Taxpayers $23m Tab

Would Sanford Veto Local Retail Subsidies?

Act 388 Creates 'Perfect Storm' in Dorchester

Aiken Officials Don't Know What it Costs to Run City

District 5 Discussing Another Bond Issue

Boundary Funding: Good Idea, Bad Timing

Income Tax Credits -- Like 'Crack' to Republicans

Half-Billion Dollar Gap in State Budget

Columbia Council Declines to Seek Forensic Audit

Proterra Deal to Cost Tens of Millions to Taxpayers

South Carolina and Greenville County taxpayers won’t be getting any magic carpet rides with the construction of the Proterra electric- and hybrid-powered bus assembly plant in Greenville.

Golf Proviso: Lawmakers Mum on Details

Airline Subsidies: Unfriendly Skies for Taxpayers

Taxpayers Pony Up for State Museum

Sembler Tax Break Slows; Maybank Focus Grows