Lower Income Tax Approved By House Thursday March 18, 2004 7:36am Given these choices, who would you vote for in the 2004 presidential election?  George W. Bush  John Kerry  Ralph Nader  Other ___  ABC News 4 Interact  ___    • Signup for eNews Alerts    • ABC News 4 Pulse Poll    • Whats Your Opinion?    • Printable Version    • E-Mail This Story Columbia (AP) - The House has approved Governor Mark Sanford (website - news) 's proposal to lower the state's income tax. The bill faces a routine third reading Thursday before heading to the Senate. The bill would lower the income tax from seven percent to four-point-seven-five percent over the next decade as long as South Carolina's economy continues to grow. Supporters say reducing taxes will help create jobs and raise the standard of living.Opponents say they fear the reduction in revenue will hurt funding for things like education, health care and public safety. » Find More Articles Related To This One Copyright 2004 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

HAVE AN OPINION ON THIS STORY? TELL US ABOUT IT BELOW!  Viewer Comments on Lower Income Tax Approved By House Grannyrand IP: Logged Posted: 03/19 7:45a Why do lawmakers always say we will loose money in Education if taxes are lowered.  I thought that the Lottery was supposed to help support Education.  They certainly generate enough money, where is it all going?  More money from the lottery need to be put into elementary and middle schools.  These children have to get to Hight School before they can think of College. Opinions and Feedback You need to be a registered member of ABC News 4 to leave comments on news stories. Not A Member Yet? Click Here To Signup...Takes Just Two Minutes Lost Your Password? Click Here ABC News 4 Member Name or Email:   Password:    Your Feedback/Opinion: Messages that harass, abuse or threaten other members; have obscene or otherwise objectionable content; have spam, commercial or advertising content or inappropriate links may be removed and may result in the loss of your posting privledges. Please do not post any private information unless you want it to be available publicly. Never assume that you are completely anonymous and cannot be identified by your posts.