The Pew Center for the States has a new report out looking at all fifty states' standing when it comes to defining goals and evaluating results of state tax incentives.
Thirteen states are listed by the Center as leading the way by having incentive plans that are truly measured and managed well. Those the report classifies as "leading the way."
Another twelve have mixed results. 26 are "falling behind." Basically, they just throw money at things and hope for the best.
North Carolina rates among the national leaders.
South Carolina rates among the no-hopers.
It's the kind of report the Uniparty Establishment in Columbia ought to be studying closely.
It'd make easy reading for the governor on her book tour.
Why not click the first sentence, above, read it for yourself, and ask your legislators what they think about it?
If anything.
Thirteen states are listed by the Center as leading the way by having incentive plans that are truly measured and managed well. Those the report classifies as "leading the way."
Another twelve have mixed results. 26 are "falling behind." Basically, they just throw money at things and hope for the best.
North Carolina rates among the national leaders.
South Carolina rates among the no-hopers.
It's the kind of report the Uniparty Establishment in Columbia ought to be studying closely.
It'd make easy reading for the governor on her book tour.
Why not click the first sentence, above, read it for yourself, and ask your legislators what they think about it?
If anything.
It'll never happen. As it is now, no one with the authority to give away incentives in South Carolina is accountable to anyone, there's no way to get any information on what's handed out in the name of the state's taxpayers, and there's no way to quantify the results, thanks to institutional secrecy. And no one, apparently, keeps tabs on how many jobs are created or if the incentives actually work.
ReplyDeleteIn other words, it's all political machinations designed to help folks already in power stay in power, and benefit big corporations with lots of money get richer.
Good luck putting an end to that.