NORTH CAROLINA BOUND …
Posting will be a bit light this beautiful Friday as our founding editor and his growing brood of adorable (if he does say so himself) rug rats hit the road and head for the mountains of North Carolina.
And yes … they’ll probably wait till they reach the Tar Heel State before disembarking from the interstate (yikes).
No matter how bad anybody has to “potty.”
Oh … as we travel to North Carolina it reminds us: Lawmakers here in the Palmetto State wasted a golden opportunity this year to match the income tax relief the Tar Heel State is providing its citizens. North Carolina slashed its top rates of 7.7 and 7.0 percent to a flat rate of 5.8 percent in 2014 – and that reduced rate will further drop to 5.75 percent in 2015.
If South Carolina ever hopes to be competitive economically, it needs to reduce its anti-competitive 7 percent rate – which is assessed on all income over $14,251.