Legislators say absolutely no tax increase
Thu, 06 Jan 2011 20:24:29 GMT —
COLUMBIA, S.C. (AP) -- Legislative leaders in South Carolina say tax increases are out of the question as they look to fill an $800 million budget gap.
Republican House and Senate leaders said Thursday they know the impending cuts will be painful for people across the state, and that no agency will be spared.
But Senate Majority Leader Harvey Peeler of Gaffney says voters clearly said in November that they're taxed enough.
Legislators could give few specific examples of what they could cut.
Yet, Republicans would not rule out further tax cuts.
Gov.-elect Nikki Haley campaigned on eliminating the state's corporate income tax.
Democratic Rep. Gilda Cobb-Hunter says doing so would be fiscally irresponsible. But Peeler says Haley's win shows her ideas can't be discounted.
(Copyright 2011 by The Associated Press. All Rights Reserved.)