Letter to the editor: It's a shame the S.C. Legislature can't be bold

Did you know that the state General Assembly is currently working on a "Flat Tax" income tax rate of 3.99 percent for the state of South Carolina in 2026? This would be different from the current tax rates of zero percent, 3 percent and 6.2 percent rating residents now pay based on their income.

Did you also know the bearers of the burden for this new tax rate will be individuals earning between $20K and $150K a year? And that individuals who earn between $50K and $75K can expect to owe an additional $596? You will be OK if you earn less than $20K and more than $200K though.

Now it is not all bad news.There is a carrot of hope being dangled in front of us. It is projected that the tax rate will drop to 2.49 percent after an undetermined period of several years and as long as certain goals for the state's tax revenue are met. Yep, sure that is going to happen. Shame our state legislature can't be bold like other states and eliminate income tax completely.

DEAN PLUTE

Lynchburg