COLUMBIA – At a lunch meeting with local business leaders in Anderson yesterday, Gov. Nikki Haley expounded on the need to eliminate the state income tax. She cited job creation and economic growth as evidence that doing away with the tax would make South Carolina a better place to live, work and raise a family. Americans for Prosperity wholeheartedly supports Gov. Haley’s efforts to eliminate the penalizing tax.
“Gov. Haley hit the nail on the head,” said Americans for Prosperity South Carolina state director Dave Schwartz. “Recent studies have shown that eliminating the income tax would create more jobs and allow workers to keep more of their hard-earned paycheck.”
A recent study published by the American Legislative Exchange Council (ALEC) based on data from the Bureau of Economic Analysis, the United States Census Bureau, the Bureau of Labor and Statistics and Laffer Associates from 2001-2011 showed that the 9 states with no income tax outperformed the United States average in the categories of population growth, economic growth, employment and even tax revenue. Another study by ALEC showed that states with no income tax also had higher real personal income growth rates than their higher taxed counterparts.
For further information or an interview, please contact Dave Schwartz at Dave@afpsouthcarolina.com or (803) 201-6551.