The South Carolina General Assembly returned to session this week. While the first week was consumed by organizational efforts and inaugural events for Governor Henry McMaster, there are many important issues facing our state. Lets take a look at some of the larger issues on tap for this year’s session.
South Carolina needs a fair, efficient, and sustainable tax policy designed for the new economy for the benefit of all citizens.
Although a few items remain to be resolved, the 122nd Session of the South Carolina General Assembly came to an end on May 10, 2018. The session, while largely overshadowed by the constant presence of the V.C. Summer nuclear failure and the corresponding response, or lack thereof, of SCANA and SCE&G, did produce some meaningful results. Here are a just a few...
The reality is that simple conformity, as we routinely do, will result in S.C. taxpayers paying more income taxes to the state; eliminating any benefit gained by the federal reductions. I don’t think that is what our citizens expect or deserve.
If Reagan could to be patient with free market policies when unemployment was 10.8%, Trump should be too when unemployment is 4.1% and headed lower.
Yet another trained economist has agreed with many other fiscal and economic experts to recognize that South Carolina's tax system is broken. Dr. Peter Calcagno, professor of economics and director of the Center for Public Choice & Market Process at the College of Charleston, makes the case for what I have been advocating since my arrival in the South Carolina Senate.