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Tax Reform:
- South Carolina has the highest property tax rate
in the nation on industrial property and the 7th highest property
tax rate on commercial property.
The South Carolina Chamber supports:
√
Conducting a comprehensive review of the state’s tax system.
√
Creating a statewide millage for all classifications of property
except owner-occupied since the General Assembly has already swapped
that with a one-cent sales tax.
Energy:
- Reliable, dependable and cost effective energy is
paramount to retaining and recruiting business investment.
As a rule, DHEC has 270 days to issue or deny a permit, but a recent
permitting process took more than 800 days to approve. As the state
prepares for an expected population increase of more than one
million by 2025, business leaders are concerned about procedural and
permitting delays.
The South Carolina Chamber supports:
√
Developing a statewide energy policy to ensure South Carolina
has adequate supplies for the future that are reasonably priced and
generated in an environmentally responsible manner, including
greenhouse-gas-free nuclear power.
√
Eliminating unnecessary delays in permitting.
√
Creating a comprehensive plan for offshore energy exploration and
development.
Healthcare:
- Health insurance costs are the second highest
expenditure for businesses after payroll.
- An estimated 720,000 South Carolinians are
uninsured, and the state’s cigarette tax (seven cents per pack) is
the lowest in the nation.
The South Carolina Chamber supports:
√
Using cigarette tax revenue to gain a three-to-one match on dollars
sent to Washington. A 50-cent increase would provide $150 million,
returning more than $450 million to South Carolina from Washington.
The dollars could be used to provide tax credits to small businesses
and premium assistance to individuals.
Workforce Development:
- During the next 20 years, the state’s employment demand will
increase more than 16 percent, while the traditional labor pool to
fill these jobs will only increase seven percent.
- Approximately 700,000 South Carolinians are high school
dropouts.
The South Carolina Chamber supports:
√ Programs to
prepare, retool and re-educate South Carolinians.
√ Continued statewide expansion of apprenticeships.
√ Centralization of the state’s workforce development
efforts.
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Economic Development:
- Recruiting and keeping companies in South
Carolina is vital to increasing the per capita income of citizens.
- A recent lawsuit climate report by the U.S.
Chamber of Commerce gave South Carolina the worst ranking it has
ever received.
- Companies around the state are seeing dramatic
increases in business license fees because local governments are
being forced to become more creative in funding local services.
The South Carolina Chamber supports:
√
Continued reforms to the state tort and workers’ compensation
systems, including non-economic damage caps, punitive damages,
limits on appeals bonds, product liability and seat belt
admissibility.
√
Amending the business license fee structure.
√
Eliminating blue laws statewide.
Infrastructure:
- South Carolina continues to have one of the
highest traffic fatality rates in the nation.
- Crashes cost taxpayers about $3 billion per year
or $704 per citizen.
- International trade through the ports contributes
$9.4 billion to the state in wages, $2.5 billion in state and local
taxes and 282,000 jobs.
The South Carolina Chamber supports:
√
Prioritizing one-time revenue towards infrastructure needs.
√
Continued expansion of the Charleston port and proposed Jasper
County terminal.
Government Restructuring:
Mid-year cuts negatively impact businesses and
citizens (i.e. education funding, infrastructure delays, permitting
delays).
The South Carolina Chamber supports:
√
Moving away from a revenue estimating-based budget to a prior year’s
budget as a basis for projections.
√
Consolidating some constitutional offices into the gubernatorial
cabinet (i.e. Superintendent of Education, Secretary of State,
Adjutant General, Commissioner of Agriculture).
√
Consolidating the administrative functions of the state Budget and
Control Board.
On the Federal Front -
the Employee Free Choice Act:
- The misnamed federal legislation would actually
strip an employee’s right to cast a secret ballot.
- Eighty-five percent of Americans oppose the
elimination of secret ballots in union elections.
√ The
South Carolina Chamber of Commerce strongly opposes the Employee
Free Choice Act.
2009 Legislative Scorecard
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