County leaders learn more about penny tax
COLUMBIA (WACH) -- Citizens for a Greater Midlands held an information session Wednesday morning to learn more about the economic impact of the proposed penny sales tax.
A local economic and financial consulting firm, Miley & Associates Inc., presented a new economic impact study looking at how proceeds from the transportation tax would impact the local economy.Related Stories Tax opponents claim county withholding information Penny sales tax debate continues Group concerned about penny tax
Dr. Harry Miley, founder of Miley & Associates, says if passed the tax would create more than 14,400 new jobs, save commuters a combined 369,000 hours in traffic annually and cost the average household roughly $10 per month.
On the other hand Miley says without the tax the Richland County public transit system and ecoomic development will come to a halt.