Funding South Carolina’s Future

Tax & Budget
March 18, 2015

As states like Michigan and Wisconsin discover the secret sauce of right-to-work, South Carolina stands to lose that current competitive advantage. In the most recent release of the Rich States, Poor States Economic Competitiveness Index, while our current performance puts us at #20, our outlook has fallen to #32, largely based on our levels of debt and uncompetitive tax structure. Comprehensive tax reform is the single greatest next step we could take to ensure a bright outlook for South Carolina’s future. Our top marginal personal income tax rate is the highest in the Southeast. And while our corporate tax rate of 5% is one of the lowest in the nation, we exempt more corporate income than we collect, with the majority of credits accruing to larger, newer companies rather than smaller, older in-state companies. This imbalance cannot be sustained indefinitely and is not a long-term strategy for economic competitiveness. This report outlines key features of the tax system currently in place in South Carolina and is organized by key issues affecting the impact of our various forms of taxes on the economy.

Empower Opportunity 2015

Education
Blog · November 15, 2014

Finding the best education fit for your child can be a daunting task. In this catalog, you’ll read the stories of families just like yours who share their journey to find the perfect place for their child. You’ll also find links to resources to learn more about each option. Please take a minute to share this information with families you know. Knowledge is power, and working together, we can Empower Opportunity for students in every corner of the Palmetto State. And please take a minute to visit our dedicated Empower Opportunity website at www.mysceducation.org.

Falling Unemployment – Road to Recovery or Dead End?

Quality of Life
Fast Facts · October 7, 2014

Late in 2014, headlines heralded the news that America’s official unemployment rate had fallen below 6% for the first time since 2008. Surely, a sign that we’re on the path to recovery, right? A closer look says “not so fast.” From 2008 to the most complete numbers we have in 2013, South Carolina’s labor participation has seen a uniform, steady decline across gender and race, aside from a 2012-2013 rebound among Hispanic workers.

Membership in SC’s Public Sector “Unions” – Boon or Bust?

Quality of Life
Fast Facts · May 1, 2014

Despite their declining membership rolls, public sector unions ostensibly attract members by touting unions’ collective bargaining abilities to promote higher pay, improve benefits, and increase job security. But that’s not the case in the Palmetto State. Data shows that unionized government workers in South Carolina make 4% less than their non-union counterparts.

How Common Core Went Wrong

Education
February 26, 2014

The advent of Common Core State Standards (CCSS) has ignited a firestorm among parents, educators and policy makers. This paper attempts to cut through the haze with a much needed common sense conservative analysis. In it, we provide a thumbnail history of educational standards in America, how CCSS went wrong, and what South Carolina can do to maintain control of our standards and promote the rigorous accountability our students need to equip them for success in school and in life. A number of the solutions we list below are expanded upon in the document text

Top 10 Reasons Medicaid Expansion is Bad Medicine for SC

Healthcare
Fast Facts · May 19, 2013

Medicaid expansion puts the truly vulnerable at greater risk. Expansion was "paid for" by cutting $716 billion from seniors' Medicare. And in states that have expanded Medicaid, costs are growing faster than revenue, siphoning resources away from education, infrastructure and public safety. It is also driving UP use of emergency rooms as there are proportionally fewer Medicaid providers to go around. Our handy summary lays out 10 key reasons why Medicaid expansion is "fool's gold" - not “free money” - as proponents say.