January 13, 2011
FOR IMMEDIATE RELEASE

The South Carolina Club for Growth Applauds Governor Haley’s Budget Proposal

COLUMBIA, S.C. – Today the South Carolina Club for Growth issued the following statement after the release of Governor Haley’s budget proposal:

“For too long the General Assembly has spent more and more in years of increased revenue resulting in astronomical budgets,” stated Executive Director Phillip Cease. “Governor Haley’s budget proposal gives lawmakers a great blueprint for using finite resources responsibly and effectively while staying within a budget cap.”

“South Carolina has six income tax brackets, ranging from seven percent to zero percent. Governor Haley’s proposal eliminates three of the brackets giving most taxpayers a reduction while not increasing taxes. The proposal also contains a plan to phase out the corporate income tax over the next four years – reducing it by 25 percent a year,” added Cease. “In addition, Governor Haley offers innovative ideas such as encouraging counties to take responsibility for road maintenance and more than doubling this year’s required payment to the General Reserve Fund. Along with other conservative ideas such as bringing parity for charter schools closer to that of traditional public schools and fully funding law enforcement, enactment of the concepts laid out in this budget will benefit the citizens of South Carolina and make our state a better place to live, work and play.”

South Carolina Club for Growth is a network of South Carolinians, from all walks of life, who believe that prosperity and opportunity come through economic freedom. We work to promote public policies that promote economic growth primarily through legislative involvement, issue advocacy, research, training and educational activity.

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