As a CPA and tax professional with over 30 years of experience, I’ve seen firsthand how tax policy impacts people’s lives, businesses, and the broader economy. That’s why I strongly support the proposed income tax cut (H.4216) currently under consideration in South Carolina. Is it perfect? No. But it’s a strong, responsible step in the
On March 20, President Trump signed an executive order calling for removal of cabinet status for the U.S. Department of Education (ED). This announcement has made waves in the media, and lots of disinformation has been going around about just what this order means. So how does the Trump executive order on downgrading the U.S.
Energy policy has long been a balancing act between market competition and regulatory oversight. Traditionally, South Carolina’s electricity market has been dominated by vertically integrated, monopoly utilities that control all three aspects of the power system—generation, transmission, and distribution. So, the Palmetto State has leaned toward regulation. But a relatively simple and proven reform is
“We should not expect the state to appear in the guise of an extravagant good fairy at christening, a loquacious companion at every stage of life’s journey and the unknown mourner at every funeral.” —Prime Minister Margaret Thatcher “Government exists to protect us from each other. Where government has gone beyond its limits is in
This op-ed by Dr. Oran Smith was originally published in the SC Daily Gazette. It is no secret that South Carolina has become a magnet for business, industry, and people. Since 2007, our population has grown by over one million, and the U-Hauls keep coming. The in-migration boom includes manufacturing and high-tech industries as well. This generational change
Shortly after Palmetto Promise Institute was born, we were approached by former state Secretary of Commerce Joe Taylor about weighing in on tax policy. He had seen the ill effects of our broken-down tax system and wanted aggressive reform. With Taylor’s generous support, we released comprehensive studies by pre-eminent South Carolina economist Dr. Rebecca Gunnlauggsson
We are proud to share that Palmetto Promise Institute’s President & CEO Wendy Damron was appointed by the US Commission on Civil Rights to the advisory committee for the State of South Carolina. Below is the press release from the US Commission on Civil Rights regarding Damron’s appointment: On Friday, March 21, 2025, the
Our friends at EdChoice have recently published the 2025 EdChoice Friedman Index, which measures just how much K-12 education choice there is in each state. The 2025 EdChoice Friedman Index is a comprehensive and easy-to-understand measure of the availability of private K-12 educational choice across the United States. Inspired by Milton and Rose Friedman’s vision of universal
