Foundation ranks SC 49th in tax collections
COLUMBIA, S.C. (AP) - A national research group says South Carolina collected 18% less taxes per capita over a decade, ranking 49th in growth.
The report Monday by the Washington-based nonprofit Tax Foundation looks at state tax collections per capita in 2011, compared to 2001, based on Census data. Only Georgia's collections declined more, by 24%. Alaska ranked first with an increase of 168%.
Two weeks ago, the foundation ranked South Carolina 48th in state government spending per capita over the decade, with a 17% growth rate.
Foundation spokesman Richard Borean says the two posts are meant to be a commentary on balanced budgets. He says it appears South Carolina has an imbalance, by spending more and collecting less.
The Republican-led Legislature has repeatedly cut taxes over the last decade.