QUESTION: Should S.C. repeal Act 388, which cut homeowner property taxes but raised sales taxes by 20 percent?
|Nikki Haley, Lexington, Republican||Morgan Reeves, Irmo, Green and United Citizens parties||Vincent Sheheen,Camden, Democrat|
|ANSWER: Act 388 provided 60 percent tax relief for homeowners, and I’m proud to have voted for it. But South Carolina’s band-aided tax system is the real problem we need to address. As governor, I plan to introduce my own reform plan that looks at every single tax, every single fee, and every single exemption - and that includes Act 388. When we undertake this kind of comprehensive tax reform effort, we can deliver meaningful tax relief that reduces the overall tax burden on our citizens and make takes lower, fairer and flatter. Then, at the end of the day, our state will be more competitive for business.||ANSWER: Yes. Act 388 unfairly increased the sales tax, a use tax, while capping maximum millages which school districts may levy. Especially in this recession, a time of decreased spending, this has limited the revenue which school districts have to pay teachers and upgrade schools. Allowing voters of each school district the ability to raise whatever funds are needed for their district through millage increases will help districts better serve their constituent children.||ANSWER: Act 388, which my opponent (Rep. Haley) supported, has been a disaster. It increased the property tax burden on small businesses, raised the sales tax, destabilized education funding and made it difficult for young families to purchase home.|