Fore Note: Possibly, if the TVPOA had called their $2,500 entry tax into Tellico Village, a Yankee Tax, they might have gotten more support.

South Carolina weighs ‘Yankee tax’ on newcomer driving fees

The Senate Finance Committee on Tuesday approved the proposal by a 11-6 vote

COLUMBIA, S.C. (AP) - Additional fees may be coming for incoming South Carolina residents who want to legally drive on their new home state’s roads.

Droves of newcomers have made South Carolina one of the nation’s fastest-growing states. As legislators respond to climbing population totals, a bill dubbed the “Yankee tax” could require freshly minted Palmetto State locals to pay $500 total in one-time fees for new driver’s licenses and vehicle registration.

The Senate Finance Committee on Tuesday approved the proposal by a 11-6 vote. It now heads to the Senate floor.

Republican Sen. Stephen Goldfinch’s bill purports to capitalize on the state’s in-migration by ensuring these new neighbors pay for the infrastructure already funded by existing taxpayers. He compared the tax to impact fees: one-time charges commonly paid by developers to help cover the increased demands their new project might bring for public facilities.

For Goldfinch, the dynamic is unfair to his growing constituency in coastal Georgetown County who already foot the bill for the services utilized by people just moving into the area. “We’re not trying to build a wall across the North Carolina border,” Goldfinch said. “But, at the same time, we think that people should have to pay their fair share when they show up.”.......

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2/27/23