SC

Nikki Haley’s “Ci Ci’s Pizza” Tax Cut

This website has written repeatedly in favor of broad-based individual income tax relief. With deep blue states like California, Illinois and New York taxing citizens into oblivion, capital is going to on the march in America – and as it stands now states like Florida (and soon, North Carolina) stand…

This website has written repeatedly in favor of broad-based individual income tax relief.

With deep blue states like California, Illinois and New York taxing citizens into oblivion, capital is going to on the march in America – and as it stands now states like Florida (and soon, North Carolina) stand to reap the windfall.

But broad-based income tax relief isn’t just about luring wealthy residents from other states.  In fact that’s what we would call a “fringe benefit.”  The real value is an expanded and empowered consumer economy – and greater investment in business expansion (seeing as the vast majority of businesses in the Palmetto State pay the individual income tax, not the corporate income tax).

Anyway … while lawmakers have done a lot of talking on the tax relief front, one of them – first-term S.C. Sen. Katrina Shealy – has finally filed legislation that would eliminate all of South Carolina’s marginal income tax rates within the next five years.  The best part of Shealy’s plan?  She doesn’t propose to replace this “lost” revenue – she proposes to cut government and fund its remaining functions out of the economic growth created by her plan.

How did “Tea Party” Gov. Nikki Haley respond to Shealy’s plan?

Glad you asked. In her 2014-15 executive budget – which proposes to grow government by $1 billion – Haley tucked away her own version of “income tax relief.”

How much money are we talking about?

Ummm … $29.

Not $290.  Or $2,900.  But $29 …

That’s enough to take a family of four to Ci Ci’s Pizza … one time.

Proposing ridiculously inconsequential tax relief is nothing new to Haley … she’s done it before.

But this time the governor’s failure to lead on tax relief is inexcusable. How come? Because this year North Carolina enters the first year of a five-year, $2.4 billion income tax cut that will dramatically lower all of its marginal rates.

How much tax relief is Haley proposing? Assuming the money is available (Haley always makes her “tax cuts” contingent on surplus funding), we’re looking at a total of $26.7 million … or 1.112 percent the amount of tax relief North Carolina has already passed.

Enjoy your Ci Ci’s, everybody …

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52 comments

CNSYD January 15, 2014 at 9:16 am

Ah yes, Florida. Land of tolls and other fees.

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Jackie Chiles January 15, 2014 at 9:19 am

And land of a 6.7% unemployment rate.

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Will Folks aka Sic January 15, 2014 at 9:35 am

Also I wonder what Florida’s labor participation rate is … gotta be better than SC’s 58.1 percent.

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GrandTango January 15, 2014 at 10:28 am

What’s Obama’s…

You hate Bush…yet his unemployment rate over 8 years averaged around 5%. Obama’s is more than twice that if the workforce was counted honestly…So I really F*#kin doubt you care about the reality of economic opportunity. You just want to bash the people you hate…and they are usually leaning right…

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La La land January 15, 2014 at 10:35 am

You’re right, no need to change anything CNSYD. Just some small “tweaks” should be enough.

LMAO!

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CNSYD January 15, 2014 at 10:46 am

Jumping to conclusions are you? “Fees” is government speak for taxes. However, starry eyed limited government, no tax types can’t seem to fathom that.

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La La land January 15, 2014 at 11:00 am

Who’s jumping to conclusions? You bash the “starry eyed” limited govt types but by doing so endorse the status quo, unless you’d like to suggest another option.

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CNSYD January 15, 2014 at 11:05 am

My definition of those folk is that they seldom, if ever, think through the consequences of their proposed actions. Eliminate taxes! Sounds wonderful but what specific government functions are you willing to eliminate to “pay” for it? That is how “fees” creep in. No one is endorsing status quo.

La La land January 15, 2014 at 11:18 am

So, is the reduction of government necessary or no?

CNSYD January 15, 2014 at 11:54 am

properly thought through reduction, yes.

La La land January 15, 2014 at 12:16 pm

Very good, thank you for the answer.

My next question is that if reduction is the answer, how do we reduce it when it doesn’t seem to ever have happened in the history of SC?(or the US for that matter)

CNSYD January 15, 2014 at 2:27 pm

Two things at play here. One is constituency. Most, if not all, services of government have a constituency. They mobilize and speak louder than those who want the service eliminated. Secondly, there is the faux reduction. Shifting of a government service to the private sector but it is still being funded by the government. Government then touts how its size has been reduced. This is a false savings as it still has to be funded.

Smirks January 15, 2014 at 9:17 am

That’s not much less than what some stupid rebate idea would get us.

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Dollars and common sense January 15, 2014 at 11:23 am

I think Will’s idea is that if there was a vehicle for returning unused funds it might snowball and give a voting incentive for those on the receiving end…which suggests pressure on cockroaches as a result.

Do I think that would work? Nah. But my point is I don’t think it was any specific (or lack thereof) amount that was Will’s issue/point, it was more of a long standing trend building exercise in government structure.

My whole argument is that it’s impossible to “fix” government, but that’s a whole different issue.

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Jay Ellington January 15, 2014 at 9:30 am

Let’s cut Nikki Haley in 2014.

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GrandTango January 15, 2014 at 9:39 am

Yet the horrific legislation known as “Obamacare” is raising taxes astronomically, in an economy that Obama has totally Demolished…and when FITS had the chance to SCREAM the alert against the disaster known as Obama…he instead fell to his his knees, and sucked.

I think he told us to vote for Gary “Global Warming” Johnson.

Need I say more about the voices that are supposed to be sounding the warning….????…

At least Haley is trying to insulate us from the hideous and extreme, out-of-touch and monstrous Obama…that’s far, far more than FITS did (is doing) when he had a chance…

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Republican voter January 15, 2014 at 10:21 am

GT, I’m a Republican, voted for Haley once. Had my reservations then. I WILL NOT VOTE FOR HER AGAIN!! She has only disgusted, failed and embarrassed me. She DOES NOT deserve another term.
Frankly, with her failures, sellouts, lying and appointments, I see no difference in her and Obama!

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GrandTango January 15, 2014 at 10:25 am

I’ll LMAO when Sheheen and Obama bend your ignorant @$$ over and ream you out…

PS: What specifically has she failed you on???…rejecting Obamacare or not expanding medicaid??…Or was it relenting to allow the 2,500 Amazon jobs come in, or was it fighting Obama in the NLRB case or on Voter integrity???

She ain’t great, but I’d like to know what Sheheen will do for you, if you are REALLY a Republican??

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Dr. Laura January 15, 2014 at 11:16 am

You might be crazy if…

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GrandTango January 15, 2014 at 1:29 pm

You ARE (not might be) a Dumb@$$….

That said: No answer from Republican voter???..No surprise….

Looking Through You January 15, 2014 at 2:32 pm

1- When will the tax payers get their billion back from Boening while it fucks its workers with lower pay, 12 hour work days and still can’t put a damn plane together.

2- Haley was against Amozon before she was for it.

3- Walmart…better call it What-Jobs…plus if they do come, the taxpayers of SC will have to throw money in assistance because they’re not paying a living wage.

4- Pending First Admendent lawsuits from the Occupy Movement that got her Nazi mentality on.

5- Nepotism for her family, inlaws, doners.

6- Failing to notify SC citizens about the security breach for over 2 weeks.

Just a few things…

GrandTango January 15, 2014 at 2:43 pm

Boeing = Jobs – Haley beat Obama. Large economic boon.

Amazon = Jobs – Haley relented and won.

Wal-Mart = Jobs, Great Corp.

Occupy = Extremist, America-Hating Liberals. She’s right.

Nepotism – LMAO over a min. wage job, you’re stupid. Fired liberal Darla Moore. (check)

Breach – No one violated over breach. I got free protection.

Conclusion: You are another F*#king democrat idiot, chasing imaginary demons…while the Devil, Obama, reams out your ignorant @$$…

Ass Man January 15, 2014 at 3:03 pm

Sorry, but I’ll have to agree with Looking Through You on this on. She’s been quite good at helping her friends ( many with no experience) get $100,000 jobs, not talking about her kid. Darla was replaced by an incompetant boob, SC taxpayers may pay millions for her actions on Occupy…I could go on, but your pea brain will never be up to understanding anything other than your black and white simpleton applications.

GrandTango January 16, 2014 at 5:40 am

Duh…Bin Laden had to agree w/ Obama. They both hated Bush. What’s your point…

Ass Man January 16, 2014 at 1:00 pm

My point was explained yesterday, but I see you’re still continuing to prove it.

Told Ya! January 15, 2014 at 8:00 pm

Yep, the Occupy lawsuit has been filed GT. What a stupid bitch you voted for…maybe your tax dollars will be of some benefit…if you had a job, that is…

CNSYD January 15, 2014 at 3:03 pm

not sure who “Boening” is but will assume you mean Boeing. So absolutely no planes have been assembled in Charleston and flown off. Is that true? Are the 12 hours days worked with or without overtime pay? Lower pay than who? Ever heard of prevailing wage rates?

Looking Through You January 15, 2014 at 3:34 pm

My bad on the spelling…but yes, a plane has been assembled, but very slowly and behind schedule. The big point: Will we get our 1 billion back??

CorruptionInColumbia January 15, 2014 at 6:02 pm

GT, sometimes you have to take a punch to give a punch. The way Haley has lied to us, stuffed her own pockets and those of her cronies, and laughed all the way to the bank while doing these things, she doesn’t deserve another term. If we send her back in, it is a given that we are going to get the green weenie from her once again. If we send Sheheen in, the probability is high that we will get the green weenie from him, but AT LEAST, we will not be rewarding her dismal performance (term used loosely) with another term which she definitely does not deserve. If Sheheen performs as I expect him to, then we vote him out in four years. If he pleasantly surprises us, then we keep him.

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GrandTango January 15, 2014 at 7:49 pm

She ain’t ready for primetime…but she has handlers who are keeping her enough on the road….
We can do A LOT worse (see Obama)….
Unless Haley is primaried, we’d be STUPID to not go w/ her…she’s done enough to the right to keep us from Obama-ing (totally collapsing)….

Gold is real money January 15, 2014 at 10:00 am

“capital is going to on the march in America – and as it stands now states like Florida (and soon, North Carolina) stand to reap the windfall.”

Even though the above is a grammatical disaster, I understand what you are driving towards.

However, one thing you may not recognize in the “capital march” however, is that there are huge amounts of gold flowing from the US to Asia and our gooberment is telling Bundesbank they have to wait years to get their requested gold.

Isn’t it interesting how one of the discount window dealers hammered gold last year with a huge short yet the US goobermint is telling Bundesbank they can’t have their shit all at once?

You’re not getting my tin foil hat off my head.

When the real money/capital shakes out, the US might measure as an empty husk in less than a decade.(if it isn’t already now)

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idiotwind January 15, 2014 at 10:01 am

there is a high probability that the experiment in NC will be a disaster. which doesn’t mean eliminating the income tax is a bad idea. but their plan was about as detailed as Shealy’s – step 1. eliminate revenue – end of plan. a few grandstanding morons is no problem, but the NC legislature accidentally found itself with a full house.

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Smirks January 15, 2014 at 10:48 am

“We need to cut taxes!”

Taxes are cut, revenue drops, budget in the red.

“We can’t afford all these programs!”

Programs that help average citizens are cut, programs that fill pockets of politicians and well connected hacks of businessmen prosper.

“We need to cut taxes!”

Rinse and repeat.

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Yes I'm a Republican January 15, 2014 at 10:17 am

I’ve said it before and I will again. Nikki Haley needs to GO!
You can say what you will, I do not think anyone would be worse, except Clyburn, Obama, Leatherman, Peeler, Harrell.
My friends in Camden tell me Vincent Sheheen should be given a chance, “he is a smart good guy, truthful and a dedicated family man”. This is everything Haley is not.
I’m a Republican and I’m voting Sheheen!
I was with a group of my peers (all Republicans recently during the Bowl Game) none, not one disagreed!! Enough said!

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Fits Aint No Republican January 15, 2014 at 4:48 pm

Yeh yeh yeh.Hope you enjoyed the game.Haley Wins in a walk with the OVERWHELMING support of …

REPUBLICANS!!!!!

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ThreePalms January 15, 2014 at 10:30 am

Republicans are drawn to tax cuts like flies are drawn to horse shit. The Feds cut marginal tax rates in the early 2000’s. Shealy makes prognostications about the results for cuts in SC like the economy will expand and government revenues will increase. Did we find ourselves a decade after the federal cuts with unemployment at all-time lows, government revenues at all-time highs, and our national debt practically eliminated? No, we did not. We find ourselves in a bad position with solutions like cutting food stamps to poor families.

It is disappointing that the Republican politicians are still proposing these tax cut ideas, but it is embarrassing that citizens, who I assume are paying attention, are still falling for them. It is horse shit!

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Manray January 15, 2014 at 11:34 am

“Republican politicians are still proposing these tax cut ideas” because it is the only arrow in their quiver. What else can they run on? Can they win by saying — We stand for denying healthcare to citizens, in favor of vaginal probes, tax breaks for the rich, gutting of environmental and financial regulations, endless wars, fat-cat defense contractors and tickle down economics?

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Steve January 15, 2014 at 11:04 am

With all the “tax relief” over the past 30 years, you’d think money would be falling from the sky and the “job creators” would be shitting new jobs everyday. It must be those pesky regulations, like the ones keeping West Virginia’s water supply safe and clean. Oh, wait…

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Manray January 15, 2014 at 11:29 am

How dare you allow the facts to disrupt the “acid trip” called the Republican Bubble?

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Curiously asking January 15, 2014 at 11:31 am

So what kind of tax relief are you referring to?

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Manray January 15, 2014 at 11:26 am

Once we get rid of that oppressive income tax, all the street paving will turn to gold, the rivers will run soda pop, and candy will fall from the trees. Of course, all the other infrastructure will collapse, the schools will be an even greater disgrace, and thousands will die without healthcare, but South Carolina will be the GOP’s “Big Rock Candy Mountain!”

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Funny! January 15, 2014 at 11:30 am

lol….funny! That being said, can the roads really get any worse? Don’t you think if roads are a major function of gooberment(or “core function” in Willie speak) that the least that should happen is we make sure all the road funds actually go to roads before handing the cockroaches any more money?

Can’t you make the same argument for just about anything else gooberment does?

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Manray January 15, 2014 at 12:13 pm

I would like excellent roads, world-class schools, a preeminent healthcare system and food for all — and to pay nothing for it. That just doesn’t work out.

Unfortunately, it is “we” who keep electing and reelecting the cockroaches! You know the old saying about those who repeat the same actions or behaviors over and over and expect different results?

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Funny! January 15, 2014 at 12:14 pm

So am I to assume that if “we” are the problem, then there is no solution?

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Manray January 15, 2014 at 3:36 pm

No, the voters need to wake up and stop allowing themselves to be manipulated into perpetuation of the status quo. Don’t swallow — hook, line and sinker — the propaganda of the establishment. We need a “third force” in SC politics.

Funny! January 15, 2014 at 8:50 pm

Sorry dude, history says there’s no solution short of an actual revolution.

Manray January 15, 2014 at 10:08 pm

Is it time yet?

Funny! January 16, 2014 at 12:02 am

I have no idea when…but it’s not too hard to see one coming with the way things are going.

No empire lasts forever.

Manray January 16, 2014 at 10:40 am

I disagree. All the sheep say “Baaa.”

Funny! January 16, 2014 at 10:41 am

When the sheep starve, they go get their pitchforks.

:)

Thomas January 15, 2014 at 1:29 pm

Please stop insinuating Haley or her husband is Tea Party Patriots or savvy. They rode a whirlwind in 2010 against a moth breathing Gresham Barrett, a Nick Theodore protege. The shine has worn off and we are left with electing a Democrat for no other reason than they muffed the last four years. You are damaging the brand.

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Centrist View January 15, 2014 at 2:54 pm

$ 29 is what the pay for a condemned prisoner’s last meal before execution…..

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