The Nerve

By RICK BRUNDRETT An income tax credit that S.C. lawmakers created in 2017 to offset the state gasoline tax hike has been relatively unpopular so far, records show. And state revenue forecasters are now admitting it. After two years of wrongly predicting that taxpayers would claim the maximum-allowed amount of income tax credits, the state […]

By RICK BRUNDRETT A state agency is again predicting that S.C. taxpayers will claim the maximum-allowed amount of income tax credits to offset the gas tax hike, though the first official estimate was way off the mark. For last year’s income tax filings, the S.C. Revenue and Fiscal Affairs (RFA) Office projected that a total […]