Personal finance website WalletHub today released its report on States with the Highest & Lowest Tax Rate, which found South Carolina had the 8th lowest in the nation.
Here's what they found:
Tax Rates in South Carolina (1=Lowest; 25=Avg.):
- Overall Rank: 8th
- 8th – Overall Effective State & Local Tax Rate
- 19th – Income Tax
- 5th – Real-Estate Tax
- 15th – Sales & Excise Taxes
To see the full report, click here.
