Sanford pushes flat income tax

By: Tom Campbell Email
By: Tom Campbell Email

February 13, 2008

COLUMBIA, S.C.---South Carolina Governor Mark Sanford is stopping at several cities across the state today to promote a tax reform proposal.

The governor wants to raise the state's current seven cents a pack tax on cigarettes. His plan also gives taxpayers a choice of either paying taxes at the current level and taking some deductions, or paying a flat tax of 3.4 percent.

Sanford says he thinks lowering the income tax rate would help the state's economy. He also said raising the cigarette tax to 37 cents a pack would pay for
over $100 million in tax relief.

The Associated Press contributed to this report.

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