Foundation ranks SC 49th in tax collections
COLUMBIA — A national research group says South Carolina collected 18 percent less taxes per capita over a decade, ranking 49th in growth.
The report on 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 percent. Alaska ranked first with an increase of 168 percent.
Two weeks ago, the foundation ranked South Carolina 48th in state government spending per capita over the decade, with a 17 percent growth rate.
Foundation spokesman Richard Borean said the two posts are meant to be a commentary on balanced budgets.
He said 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.