H 4550 - Marriage Tax Cut - South Carolina Key Vote

Stage Details

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Title: Marriage Tax Cut

Vote Smart's Synopsis:

Vote to pass a bill that reduces the income tax liability for married couple's taxable income between $2,220 and $4,440 from three percent to 2.7 percent for the 2008 taxable year, 2.4 percent for the 2009 taxable year, and two percent for every taxable year thereafter

Highlights:

- Defines a "married taxpayer" as one who files a joint federal income tax return, and is married in a lawful domestic union provided by the state constitution [sec. 1 (B) (2)].

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