road-with-sunshine3

Will Lawmakers Raise the Gas Tax in 2017?

LAST YEAR, THE PROBLEM WAS STRUCTURAL RATHER THAN MONETARY. IT STILL IS. Over the past several weeks there has been considerable public speculation that Gov. Nikki Haley’s successor may support a gas tax increase. Given calls to raise the gas tax from editorial boards, Department of Transportation officials, and state lawmakers, it’s fair to assume that the […]

South Carolina roads legislature

Road Funding Bill – Most Confusing Tax Hike Ever?

  WEIRD PROCEDURAL MOVES, CONVOLUTED SHUFFLING OF TAXES AND FEES … WELCOME TO THE 2016 ROADS DEBATE The Senate Finance Committee is currently debating legislation that would raise taxes and fees, reduce other taxes and fees, and somehow send additional money to the Department of Transportation for road maintenance and repair. Here’s what you need to […]

What the Right to Work Really Means

SOUTH CAROLINA IS A RIGHT-TO-WORK STATE. DOES THAT MEAN SOUTH CAROLINIANS ARE FREE TO WORK? NOT ENTIRELY. South Carolina’s status as a right-to-work state is often credited by government officials as the reason business is attracted to our state. But there’s something troubling about the way they talk about that status. The right to work, […]

ANALYSIS: Imposing a Statewide Property Tax

SAME BAD ARGUMENT, DIFFERENT TAX It is a long held view among many elected officials that the only thing preventing exemplary achievements for students in state run schools is insufficient funding. If funding goes up without any apparent results, it simply means funding has not gone up enough. Recently, individuals of this mindset in South […]

Why the Gas Tax Is a Tax – Not a “Fee”

THE DISTINCTION IS VITAL, AND STATE LAWMAKERS ARE WRONG TO IGNORE IT A common mentality inside the South Carolina General Assembly holds that all private goods and services belong to government. We’re calling this a mentality, not a doctrine or an explicit belief, because lawmakers rarely if ever state it explicitly. But the mentality is […]

Gas Tax Plans: More of the Same

S.C. POLITICOS HAVE  PRODUCED AT LEAST FOUR MAJOR PLANS TO “FIX OUR ROADS.” NOT ONE OF THEM WILL ACCOMPLISH THAT GOAL. HERE’S WHY. How would a massive tax hike fix all our roads and bridges and cut our income taxes? It won’t. But that hasn’t stopped South Carolina politicians from pushing multiple versions of this […]

ANALYSIS: Senate Compromise on Road Funding

A COMPROMISE? SURE. A COMPILATION OF ALL THIS YEAR’S BAD IDEAS? THAT TOO. Last week, a majority of Senate Republicans produced a compromise on the subject of road funding. At this point, the legislation itself isn’t available to the public; we only have a press release. But if that release accurately reveals the plan’s details, the […]

The Myth of the Tax Swap

STATE HOUSE ECONOMICS, CHAPTER II Following the governor’s lead on tax swaps, more than 20 Senate Republicans unveiled the outline of a compromise amendment to the Senate Finance gas tax bill. The heart of the proposal is the swap of a 1 percent cut to all income tax brackets for a variety of tax and […]

Category: Commentary, Taxes & Regulation · Tags:

FAST FACTS: A Tax Hike for Roads?

There has been endless talk about “road plans,” but in truth there is no plan to fix roads – the only debate in Columbia is over raising taxes. The promises of income tax cuts are empty. What’s worse, all the new money will go into the same system run by the same legislative leaders who […]

Bill Would Impose Sales Tax on Web Purchases

LATEST ATTEMPT TO GET STATE HANDS ON NEW REVENUE MAY ENCOUNTER PROBLEMS OF LEGALITY, CONSTITUTIONALITY South Carolina’s sales tax is unfair in its imposition and isn’t producing enough revenue. At least that appears to be the opinion of many senators. Several who take that view introduced a measure they no doubt believe will help to […]

Category: Commentary, Research, Taxes & Regulation · Tags: