EPISODE · Apr 15, 2026 · 8 MIN
Rep Bruce Bannister in Columbia said the new tax code will pay no more tax..
from The Charlie James Show Podcast
During a ceremonial bill signing in Columbia on Wednesday, April 15, 2026, S.C. House Ways and Means Chairman Bruce Bannister emphasized that the state's new income tax reform ensures citizens "pay no more than is absolutely necessary". The legislation, H. 4216, simplifies the state tax code by collapsing brackets into a two-rate system: a 1.99% rate for income up to $30,000 and a 5.21% top rate for income above that threshold. Bannister highlighted that the plan not only provides immediate relief—with roughly 42.8% of taxpayers seeing a reduction in liability—but also sets a legal framework to automatically phase the state income tax down toward zero as revenue triggers are met in future years.
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00:00 So down in Columbia, Representative Bruce Bannister, um he said something today that I literally, when I heard it, I laughed out loud. I don't LOL all that much, but I laughed out loud. Bruce Bannister said that the new tax bill here in South Carolina, you know the one that doesn't comply with the one big beautiful bill? 00:28 These words actually came out of his mouth. Actually came out of Bruce Banner's mouth. He said that the new tax code in South Carolina would ensure that no South Carolinian, no South Carolina resident pays more tax than necessary. He said that. He literally said that. He said... 00:57 He said that this new tax bill, nobody's going to be paying more than, really? Really? 01:07 The Freedom Caucus showed you guys how to cut $500 million. 01:15 out of your budget. You guys were the ones that increased the budget over a billion dollars over last year on silly things like Lesbian Podcasts. Now tell me something, if you are a taxpayer and you have to pay for a Lesbian Podcast, don't you believe you're being overtaxed? Oh, oh, oh, oh, wait, wait, wait, wait, wait a minute. Last year they ran a budget surplus of 1.7 billion. 01:46 So what does that mean, Bruce Bannister? Does that mean you're being overtaxed? And then what did our wonderful state legislature do? I said, well, well, look at her. We got ourselves $1.7 billion more than we expected. Well, how y'all wanna do, what y'all wanna do? Give this back to the constituents? No, we ain't gonna do that, we gonna spend it. Let's increase that budget, 1.7 billion. 02:14 That'll be a good thing. Oh, those constituents, they can tighten their belts just a little bit better. We got spending to do here in Columbia. 02:24 They don't care. They don't care. Let's go to Jay and Wilford. Jay, welcome. Charlie. Yes, sir. I just got to get this out of the way. Oh, Charlie. I love it when you do that. Thank you. Thank you. What's up, man? So this is what burns my backside. You go to work, get up every day, work your tail off for a little bit of money, and then they catch the hell out of it. Yeah. 02:55 after it's taxed, then you go buy some groceries. And guess what? That tax money that you just got is taxed again. That's right. And then you go buy gasoline or fuel and yet it's taxed again. Yes. We are over overtaxed. And then but the heck of it is, Jay, if you buy something substantial like a home or a vehicle, 03:23 You pay taxes on that when you purchase it, and then you have to pay taxes every year just for the privilege of owning it. Exactly. My wife and I's 15 year olds turning 16 next month. we went and bought a car, a used car. Right. Okay. So once we bought the used car, of course you have to pay all those taxes, road taxes, all that crap. And then... 03:52 the county that we've lived in, not even a month later, sent us a property tax on the car. Yeah. Yeah. So we could own it. Right. For the privilege of owning it. Yeah. Yeah. It's crazy. It is so crazy how much they tax us to death and then. 04:14 they want to give them some of the raise. Oh yes, that's right because they deserve it, right? I appreciate it. Jay, let's go to David and Lawrence. David, how you feeling about taxes today, David? Oh my goodness, funny story for you. When my youngest son started working at a fast food restaurant when he was in his teens, he brought home his first paycheck almost in tears. 04:40 And he said, dad, I was supposed to make so much money. said, let me see your stub. And I showed him, said, federal tax, state tax, city tax. I said, welcome to the Republican party. Yeah. Exactly right. Once they realize, once they realize how bad they're hit, they change pretty quick. Let's go to Dean in Cashville. Dean, happy, happy tax day. Oh, yes. Everybody out there. I want to share. 05:10 the story that I've shared before, how when the Air Force came to Congress back in the 90s, maybe 80s, and revealed they'd done research on the B1B bomber devel ...
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Rep Bruce Bannister in Columbia said the new tax code will pay no more tax..
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