Wednesday, December 29, 2010

Carnes to support tax reform ( FairTax)






Brian Carnes, candidate for South Carolina Senate District 16 said "If elected I will support the South Carolina fair tax bill".

Brian Carnes is one of the first candidates to pledge his support for tax reform in South Carolina. He will be supportive of many of Governor- Elect Nikki Haley's initiatives to eliminate the Corporate income taxes in the next legislative session.

Brian will be a strong advocate for the Fair Tax if elected! The Fair Tax would eliminate the corporate income, personal income, sales taxes, and tax exemptions. This new single tax would be targeted to new goods and services at six percent. While it would eliminate the afore mentioned taxes, the Fair Tax would NOT affect property taxes. We should all agree if this bill was to move forward we would immediately take a look at Act 388, which has been a stickler to many in the state since it was introduced, because this in theory would be a double tax.

This is a win – win for Senate District 16 and the state of South Carolina. The Fair Tax would be revenue neutral and provide a steady flow of income for South Carolina, not to mention that it would allow District 16 to be able to compete with the bigger marketing areas in order to encourage businesses and new residents to move to District 16 from surrounding areas.

No comments:

Post a Comment