During the fiscal year that concluded on June 30, South Carolina taxpayers shelled out a record $20.8 billion - and according to the state's annual report, there was $122.7 million left over. Did S.C. taxpayers - whose income levels have been ravaged by the recession - see a nickel of that money? Of
Read story »By FITSNews || When are so-called "cataclysmic" budget cuts really not so bad? That's easy ... when you can make up the money someplace else. Just ask the GOP-controlled S.C. House of Representatives, which passed a "$5.1 billion" budget last week - a spending plan that (ostensibly) represents an
Read story »By FITSNews || By now, you've read plenty of newspaper articles, heard plenty of radio broadcasts and listened to plenty of local TV newscasts telling you that South Carolina's current state budget is roughly $5 billion - oh, and that state lawmakers are friggin' heroes for the way they've managed our
Read story »South Carolina's legislative leaders are considering hundreds of millions of dollars in tax and fee increases as part of their efforts to preserve an unusually large, inefficient and dysfunctional state government through 2010 and beyond. At a whopping 41 percent of gross state product, South Carolina
Read story »Already facing an unconstitutional deficit of nearly $100 million from the previous fiscal year, South Carolina's fiscal leaders ordered state agencies to cut $238 million from their current budgets Tuesday afternoon. That's the second cut in three months, although the current state spending plan
Read story »Let the nickel and diming of Palmetto taxpayers begin ... A new tax on internet sales is just one of dozens of "revenue enhancements" currently being considered by a Tax Realignment Commission. In fact, officials from North Carolina - which just implemented an Internet sales tax - have been working
Read story »In the benevolent dictatorship of Sic Willie, there would be no "stimulus." Government would build roads, bridges, some schools, prisons and pay for people to perform these core, limited functions. Beyond that? It would get the hell out of the way. But since the question confronting the state
Read story »Actually, it's $21.16. And not the $21.16 you'd spend on some good Asian cuisine for you and a friend at Miyo's restaurant (before the tip, obviously), we're talking about a slightly more substantial dollar amount. In fact, it's a number big enough to give you "decimal fatigue" if you tried adding
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