B2B Stories
McMaster releases his final budget to put more $$ in taxpayer pockets
South Carolina Gov. Henry McMaster laid out his fiscal year 2026-2027 budget. He was joined by Lt. Gov. Pamela Evette. The plan included many of the themes that have been a hallmark for McMaster, such as reducing the state income tax and improving teacher pay. Just five years ago, South Carolina had the highest personal income tax rate in the southeast at 7%. McMaster pushed to have it lowered incrementally to its current 6%. He proposes dropping it to 5.9% and continuing to reduce it with the goal of eliminating
Dana Lynn McIntyre
January 14, 2026
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