Mrs. Haley unveils her economic development idea- shift taxes from corporations to grocery shoppers:
Haley wants to eliminate the corporate income tax as a part of her push for comprehensive tax reform. She plans to make up for the lost revenue by bringing back a 2.5 percent grocery tax, which was eliminated in South Carolina in 2007.
Sheheen jumped on the idea, blasting it as a blow to the middle class.
“To put a tax on food right now in the midst of a recession and to gut the corporate income tax is not only unwise, but it is also unfair to the working South Carolinians who are trying to make ends meet,” Sheheen said in his speech.
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