December 17, 2009

The Best & Worst to Come: A Review of Tax and Spending Legislation for 2009-2010

A new Policy Council report released this week reviews the best and worst ideas on taxes and spending that are likely to surface in the upcoming legislative session. 

Good ideas include a real spending cap, cutting taxes across the board and eliminating inefficient programs. Bad ideas on the horizon are raising taxes, increasing the amount of targeted tax breaks and using stimulus dollars to pay for recurring services.     

 SCPC Fast Facts: South Carolina's Sales Tax

South Carolina needs sales tax reform that is equitable and encourages economic growth. The best way to achieve this goal is to lower the sales tax for everyone - both businesses and consumers - and eliminate all exemptions.

SCPC in the News 

Policy Council President Ashley Landess was quoted in Sunday's Greenville News on the state's jobless numbers and the efforts of the General Assembly to create jobs.

Dr. Jameson Taylor, Policy Council Director of Research, wrote an column appearing in the Free Times explaining how school choice is good for the economy.  

Blogs of the Week from The Palmetto Insider:

A Real Spending Cap Could Have Prevented the Latest Round of Budget Cuts

As the Budget and Control Board made across the board budget cuts of 5 percent this week, the Policy Council questions whether these cuts would have been needed if a meaningful spending cap were in place.

Endowed Chairs Report Earns an 'F' for Transparency

Senior Policy Analyst Kevin Dietrich shows how the state's endowed chairs report would earn a 'F' for transparency.     

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