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"How SC taxes balance out each other"

Cindi Ross Scoppe | Associate Editor

The State

March 27, 2013

The March 27, 2013 edition of The State features an editorial entitled "How SC taxes balance out each other."

Associate editor Cindi Ross Scoppe turned to Nexsen Pruet attorney Burnie Maybank's long-running listserve as she began to examine a new report on taxation in the United States.  The editorial begins:

WHEN THE liberal Institute on Taxation & Economic Policy released its latest “Distributional Analysis of the Tax Systems in All 50 States” earlier this year, Republican tax guru Burnie Maybank sent out a blast email proclaiming that “SC fares well on new Tax Equity Study.”

The Revenue director for Govs. Mark Sanford and David Beasley noted that our tax system “was largely proportionate but was generally more progressive than the national average.”

Meantime, Democratic tax policy analyst John Ruoff posted a report on his blog pointing out that “Low-income and middle class taxpayers in South Carolina pay a larger share of their income to support our public structures and systems than do our wealthiest taxpayers.”

Unfortunately, the report didn’t really tell us either, at least not for certain.

Read more of "How SC taxes balance out each other" from The State.

Burnie Maybank provides counsel and advice to companies and organizations on matters related to state and local taxation (SALT), tax controversy and economic development incentives.