NFIB State Director Ben Homeyer released the following statement today in response to the signing of S. 1087, legislation providing much-needed tax relief to small businesses and other South Carolinians:
“Our members are grateful to Gov. Henry McMaster for signing S. 1087 and to both the House and Senate for working together to craft legislation that’s going to help everyone during these difficult days.
“It’s been a rough two years for South Carolina’s small businesses, beginning with the pandemic and continuing to the present day with supply chain and labor issues, higher fuel costs and inflation.
“This legislation is going to help small business owners and everyone else in the state by simplifying South Carolina’s tax code, reducing income and property tax rates and providing a $1 billion tax rebate to provide immediate financial relief when people need it most.”