Tom Davis Preparing Income Tax Cut
SENATOR “FRUSTRATED” WITH LACK OF MOTION ON ISSUE S.C. Sen. Tom Davis (R-Beaufort) is muYou must Subscribe or log in to read the rest of this content.
SENATOR “FRUSTRATED” WITH LACK OF MOTION ON ISSUE S.C. Sen. Tom Davis (R-Beaufort) is muYou must Subscribe or log in to read the rest of this content.
20 comments
it’ll never get through…it makes too much sense.
It’s a shame it has no chance of passing, I guess we’ll never see just how horrendous the budget shortfalls would end up being, or how quickly some other tax would be raised to avoid cutting spending after the fact, or how quickly Katrina and Davis would pretend that they didn’t see it coming and therefore deserve none of the blame.
Free ponies for everyone!
I wish it would go through for the exact same reason, Smirks. Then all of the dumbasses would have to start goring their own oxen.
I wish the “states with no income taxes” argument would come with the reasons they don’t have an income tax (1) they collect the taxes through other means i.e. sales tax, property tax (2) there’s a bunch of fucking oil under the state and/or (3) they get more money from the federal government that they send.
Haven’t you learned that facts are not welcome on this site? You are messing up Sic Willie’s little stories.
Explain New Hampshire, please. No sales tax, no income tax. High property taxes and smaller government seems to work fine there,
Their property tax rate is 351% higher than ours? You want some of that?
Did you just pull that number out of thin air? A relative pays about $4000 on a house valued at $150K. That’s it. No income tax or sales tax. Plus with property taxes more money stays local. There is also the elimination of the cost and bureaucracy of collecting those other taxes. They have better schools, less crime… worth paying more for that?
http://taxfoundation.org/article/facts-figures-2013-how-does-your-state-compare
You can do the math.
That document shows plenty of areas where New Hampshire is ranked higher than South Carolina: Lower tax burden as a percentage of income (81.% to 8.4%), business tax climate overall rank (NH = #7, SC = #36), roughly same revenue per capita in NH,.. I didn’t find the 351% you mentioned. Which page?
New Hampshire is full of employed, college educated white people with a median house value nearly 2x ours. Yeah, their tax system and limited government works… for them.
Well, eliminating SC income taxs and doubling or tripling property taxes would at least be progressive as long as there weren’t 1,000 carve outs like there are in Texas.
It won’t get through because our masters don’t want to “tighten the belts”. Tax payer money to them is akin to owning a peach orchard, whenever they desire they just go out and pluck a few more off the trees. No big deal.
With personal and business income tax accounting for almost half of all state revenues, I want to see specifically which half of the state government they intend to close.
They will just take more federal dollars, just like the takers that SC has always been.
Interesting that you criticize the state for taking federal dollars while simultaneously demanding the state take more through a medicaid expansion. Also interesting that the democratic voters in SC (primarily minorities) make up the bulk of those receiving welfare.
Now when Libertarians start supporting Tax Cuts…I’ll be in…
Shootin’ heroin, Isolationism, anti-God and Ho’ chasin’ is all the libertarians seem to get motivated to do…
Freedom from gov’t persecution, through thievery, will help polish Davis’ profile, and make people forget he is a confidant of the disgraced Sanford….
So we are cutting our revenue first – then we need to “cut our spending'” but no plan or dicussion or outline or bill on how or where to do that. Typically well thought out plan by Sen. Shealy.
Yeh but she’s a “fiscal conservative.”Davis is too.I know this because they say they are.
http://www.washingtonpost.com/blogs/govbeat/wp/2014/03/27/new-report-slams-kansas-tax-cuts/
And, he can take us to the same economic hell that Kansas’ Sam Brownback has taken those people to.
Of course, Brownback is a member of The Family/The Fellowship/C Street, Mark Sanford’s religio-political-business-military cult of choice. Is Sanford’s beard Davis a member, too?
The South Carolina FairTax Act (H-3116/S-185) eliminates the state income tax and keeps the sales tax rate at 6% by repealing the exemptions in our sales tax code. The 9 zero income tax states created 62% of all new jobs from 2002-2012.