The Palmetto Insider

The blog of the South Carolina Policy Council

Politicians’ Attempt to Create ‘Jobs Plan’ Hurts SC

with one comment

taxAccording to the Tax Foundation, South Carolina ranks in the bottom half of states in terms of overall business climate.

Eliminating the state’s 5 percent corporate income tax would enable the Palmetto State to improve its ranking all the way to 11th.

The General Assembly has created a tax code that is complex and difficult to comprehend.

Politicians are always talking about their “jobs plan” and how they can best create a healthy economy.

That’s not the job of government.

Here’s a look at some economic development policy issues that might come up in the 2010 session.

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Written by Geoff Pallay

October 9, 2009 at 1:31 pm

Posted in Capitalism, Taxes

Tagged with ,

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  1. […] The Palmetto Insider | Politicians’ Attempt to Create ‘Jobs Plan’ Hurts SC […]


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