Like the US Tax Code (see http://ustaxreform.blogspot.com/), the SC Tax Code is broken.
It is filled with loopholes.
In succeeding posts I plan to detail some ideas for reforming the SC Tax Code, by implementing a simplified income tax structure, by eliminating deductions, and by setting some excise tax rates as a percentage of the pre-tax retail price of the product.
Please note that these proposals are a "work-in-progress" and may change significantly as a result of additional research and the submission of your ideas and recommendations. Please participate! I will gladly consider the incorporation of reasonable ideas and recommendations. Unreasonable or unworkable ideas and recommendations will be rejected, but an explanation will be offerred.
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