April 29, 2025
The event drew small business owners from throughout the state
Small business owners from throughout South Carolina gathered Tuesday at the State House for Small Business Day at the Capitol, hosted by NFIB and the South Carolina Chamber of Commerce. Small businesses used this year’s event to urge lawmakers to curb lawsuit abuse and pass meaningful income tax reform.
“Small businesses are the backbone of South Carolina’s economy, but uncertainty in the tax code and unchecked lawsuit abuse undermine their ability to plan, invest, and support their communities,” NFIB State Director Ben Homeyer said. “We need legal reforms that protect entrepreneurs from frivolous claims, and a tax system that is simple and transparent.”
NFIB members are asking lawmakers to support:
- S.244, legislation to stop lawsuit abuse. “You shouldn’t be targeted for a lawsuit simply because some trial lawyer thinks you have the deepest pockets,” Homeyer said. “S.244 is commonsense legislation that would help reduce frivolous and overreaching claims by ensuring that small business owners and other defendants are held liable only for their fair share of damages.”
- H.4216, income tax reform. If passed, the measure would immediately cut the state’s individual income tax rate from 6.2% to 3.99%. “For small employers, certainty and simplicity in the tax code—along with competitive rates—are critical factors in planning for growth and sustainability,” he wrote. “This bill moves South Carolina in the right direction.”
“These reforms will create a more predictable and fair business climate and enable Main Street entrepreneurs to reinvest, expand, and create jobs without being hamstrung by unnecessary costs or uncertainty,” Homeyer said.
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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