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Outbound cigarette smuggling rate in South Carolina estimated at 1.4%

The outflow of smuggled cigarettes in South Carolina is 1.4 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

South Carolina ranks 29th best in new economic outlook analysis

South Carolina finished 29th in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

South Carolina ranks 4th best on corporate tax study

South Carolina finished fourth in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

South Carolina not among the 36 states with major tax changes in 2020

South Carolina was not included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

South Carolina job growth this year projected at 0.9%

Job growth in South Carolina is expected to reach 0.9 percent by the end of 2020, down from the jurisdiction’s 2019 job growth of 1.5 percent, according to a new study by Kiplinger that assessed state economic outlooks.

South Carolina has adequate funds to weather moderate recession

South Carolina would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

South Carolina ranks 30th in annual tax climate ranking

South Carolina finished 30th in a new study by the Tax Foundation showing which states are best at structuring their tax systems

College football coach is highest-paid public employee in South Carolina

Dabo Swinney, head football coach at Clemson University, earned $6.5 million in 2018, making Swinney the highest-paid public employee in South Carolina last year, according to a ranking by the website GOBankingRates.

Charleston's boom feeling an aftershock from traffic congestion, housing shortage

Exponential growth in the technology, hospitality and tourism sectors, as well as thousands of jobs associated with the Port of Charleston, are all touted as examples of an economic boom for Greater Charleston, but a lack of affordable housing and increasing commuter congestion may soon outweigh all the benefits if not immediately addressed.

Funding for arts agencies in South Carolina to reach $11.3 million in FY2020

Legislative appropriations for South Carolina arts agencies are projected to reach $11.3 million for fiscal year 2020, which equates to $2.23 per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Charleston's single-use plastics ban takes effect Jan. 1

New Year's Day marks the start of Charleston's ban on single-use plastics including merchandise and carryout bags.

South Carolina levies a total tax on lodging of 7%

Hotel room bills in South Carolina tack on a total state lodging tax of 7 percent, the 14th highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

No counties in South Carolina are now 2nd Amendment sanctuaries

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website and media reports.

3,145 borrowers in South Carolina filed for student loan forgiveness in 2nd quarter

Borrowers in South Carolina who sought forgiveness of their student loans in the second quarter of 2019 numbered 3,145, according to a new state-by-state analysis by the U.S. Department of Education.

$217.9 million in federal research dollars flowed to South Carolina in FY 2018

Federal agency research dollars going to South Carolina totaled $217.9 million in fiscal year 2018, according to a new analysis by the Research!America alliance.

More affordable housing coming to Charleston in 2020

The situation for Charleston residents in need of affordable housing is looking better – a lot better, according to one local government agency.

South Carolina received nearly $2.6 million in public broadcasting funds last year

The Corporation for Public Broadcasting allocated $2,561,226 in fiscal-year 2018 to support public television and radio in South Carolina, the 37th highest amount among the 50 states and the District of Columbia, CPB reported.

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