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SC GOP Governor's candidate: same old crap

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SCantiGOP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-10 01:15 PM
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SC GOP Governor's candidate: same old crap
How should South Carolina cope with the fact that our decrepit schools are falling apart, teachers are being laid off, there are fewer cops and EMT workers in the field than there were 5 years ago, and the Department of Commerce, which is supposed to attract new investment into the state, has lost 70% of their funding in the last 4 years? If you are a Sanfordin-a-skirt kneejerk libertarian running for Governor, you propose that the State eliminate its third largest source of income and somehow that will magically fix things.
And, if you were to rank the top 10 factors that companies consider when deciding where to make an investment in a new facility, Corporate Income Tax would not make the Top 10. Here's a story from the candidate on the campaign trail today:

SC gubernatorial candidate Haley unveils job plan

The Associated Press
South Carolina gubernatorial candidate Nikki Haley says she wants to eliminate corporate income taxes to boost jobs.
The GOP candidate began a tour of businesses Wednesday with a visit to a marketing and printing firm in Columbia.
Haley insists the way to help businesses hire employees and bring down the jobless rate is to cut red tape and business taxes. In June, the state's unemployment rate was 10.7 percent.
Earlier this year, the state House passed a bill to eliminate corporate income taxes over 10 years. But the Senate removed that provision, saying the economy was too uncertain to further reduce state tax collections.
The state's 5 percent corporate tax rate is the third largest source of state revenue behind sales and individual income taxes.
2010 TheState.com and wire service sources. All Rights Reserved. http://www.thestate.com
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