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Gas Tax “Trickeration”

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PAY NO ATTENTION TO THE MONEY COMING OUT OF YOUR POCKET …

|| By FITSNEWS || South Carolina’s “Republican-controlled” House of Representatives wants to cut the state’s gas tax in half …

Good news, right?  Well yeah … if that was the extent of the plan.

Unfortunately, it isn’t.  After cutting the state’s gas tax from 16.75 percent to 8.75 cents – they would start applying sales tax to all gasoline purchases (which are currently exempt from sales tax in South Carolina).

Rather than “cutting the gas tax,” this would actually result in a $200 million a year tax hike.

It’s pure smoke and mirrors, in other words …

That’s not all, though.  In addition to this $200 million trickeration, lawmakers want voters to approve a separate statewide sales tax hike – a “one penny” increase that they say will bring in another $643 million annually for roads.

Add it all up and we’re looking at $843 million (at least) being sucked out of the state’s consumer economy each year … from consumers who are already paying the nation’s second-highest percentage of their incomes on gas (only Mississippians pay more).

Can the state’s economy (which is suffering from flat incomes and record low labor participation) really afford that?

Hell no …

So … are South Carolinians really stupid enough to fall for this “bait and switch?” Wait … don’t answer that.

Of course they are …

While the Palmetto State’s roads and bridges crumble, its lawmakers continue to pass record-setting budgets.  Included therein?  Billions of dollars for South Carolina’s worst-in-the-nation government-run school system, its duplicative and inefficient higher education system, bailouts for wealthy corporations, shady “economic development” deals and … lest we forget … dozens of exorbitantly expensive and totally unnecessary highway projects.

Rather than address any of these fundamental issues, “Republicans” here are doing what they always do … raising taxes.  And increasing spending.

In other words they are doubling down on the same policies that have failed this state for decades …

With all due respect to its new leadership, the “Republican-controlled” House should be embarrassed for presenting this plan to the public.  And ashamed of the duplicity inherent in its tax shift.

And make no mistake: Any lawmaker who votes in support of a plan like this deserves to lose his or her job.

Legislative leaders need to go back to the drawing board and not only prioritize specific transportation projects (something they were supposed to have done years ago) – but more importantly they need to prioritize core functions of government.

Also, S.C. Gov. Nikki Haley – who has to her credit opposed a gas tax hike – needs to remain consistent in her position and pledge to veto this proposal.

South Carolina taxpayers simply cannot afford to keep shelling out billions of dollars on unnecessary government while critical infrastructure needs go unaddressed.

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