Is SC broke or morally bankrupt?
At a May 1, 2012, press conference, Sen. Phil Leventis argued that South Carolina is not broke but is teetering on the verge of moral bankruptcy in its failure to meet the needs of its citizens. He has introduced a bill (S 1454) that eliminates or reduces many sales tax exemptions that benefit special interests. The nearly $1 billion in new revenue would be used to fund statutory obligations for education and local governments. The SC Progressive Network will work to advance this bill into the next legislative session. See more about the Network at scpronet.com.
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