Wednesday, August 11, 2010

It just gets worse around here!

Our (always spectacularly-attired) Governor-in-Waiting is intending to give the state away to the corporations.

Of course, most of us already knew that, but she's just made it more or less official:

Republican Haley Unveils Jobs Plan
Gubernatorial Candidate Wants To Eliminate Corporate Income Tax
UPDATED: 1:47 pm EDT August 11, 2010

COLUMBIA, S.C. -- South Carolina gubernatorial candidate Nikki Haley said 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.

Haley faces Democratic state Sen. Vincent Sheheen in the November election.


I guess our streetlights and public schools will soon be history, too.


JoJo said...

So I assume that the state will then raise taxes elsewhere so that the middle class can be further burdened. Nice.

white rabbit said...

At the risk of triviality, you need sunglasses to look at whatever it is she's wearing.

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