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Trailblazers Johnson, Felder, Fielding: 50 years since integrating SC Legislature Christina L. Myers, The State (Columbia, S.C.)
Feb. 18 On the twelfth day of the new year in 1971, South Carolina lawmakers ascended on the capital city for the opening session of the 99th General Assembly. But for three African American men it was a Tuesday of historical proportions a symbol of progress since the passage of the Voting Rights Act of 1965.
James Felder, Isaac Samuel (I.S.) Leevy Johnson and Herbert Fielding entered the State House as the first elected Black lawmakers to serve in the Legislature since the turn of the 20th century.
February 18, 2021
A capital gains tax on the sale of high-profit stocks and bonds has been approved by a Senate fiscal committee.
The Ways and Means Committee passed the measure Tuesday night over Republican objections. The measure approved was a different version than what the committee was presented during a public hearing last month. The bill now heads to the Rules Committee, the last stop before a potential vote by the full Senate.
The original measure would have imposed a 9% capital gains tax on earnings from the sale of stocks, bonds and other assets above $25,000 for individuals and $50,000 for those who file jointly. The new version lowers the tax rate to 7% and increases the threshold to individuals and couples who make in excess of $250,000 on sales of stocks and bonds.