Horry County Considers 1% Sales Tax Hike to Fund Services, Offer Property Tax Relief

• Horry County officials are considering a new 1% local option sales tax, which would be put to a public vote if approved by the County Council.
• The tax aims to provide property tax relief by sharing the cost of local services with tourists, who make up a significant portion of local spending.
• If passed, the tax would increase the local sales tax rate to 9%, making Horry one of three counties in South Carolina with that rate.
• The majority of the new tax revenue would go toward property tax credits, with the rest supporting county and municipal funds.
• Residents could see property tax savings, but would pay more for dining and retail; previous attempts to pass a similar tax were rejected by voters.

Source: myrtlebeachonline.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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