From: Larry Richardson
Candidate for SC House District 68
I want to publicly announce that I intend to add my name as a co-sponsor to the South Carolina Fair Tax Bill at the first opportunity I have to do so if elected to the SC House. I have long believed that the current situation of forcing every business in the state to play the roll of Tax Collector (They must add to the cost of their goods and services in order to ‘pay’ the many taxes that come in many forms, fees, permits, property taxes, etc.). If they were not charged all of these taxes in the first place they would be able to reduce the cost of their product, and would not have the added expense of having to do all the paperwork on keeping track of all of the fees, dues and taxes owed. The Fair Tax would allow for a simple one-time ‘collection’ mechanism, and a simple one time submission to the state per tax period. Besides making the burden of paperwork and accounting requirements much easier to cope with, the elimination of keeping track of all of the various forms of ‘taxing’ businesses would make moving a business to South Carolina a no-brainer. I think any business looking to expand and grow would clamor to locate in South Carolina if the ‘tax nightmare’ placed on them was eliminated. The elimination of withholding state income tax from employees paychecks would also be a great asset to every worker in South Carolina. There are many other aspects of the Fair Tax that makes it the most logical system to replace the current unsustainable tax system with, however I think the elimination of taxes on Businesses is the single most advantageous part of the Fair Tax, especially considering the fact that in reality BUSINESSES DO NOT PAY TAXES, they simply pass on the cost to their customers. I invite every patriotic citizen in South Carolina to help me get the word to every member of the South Carolina Legislature – FAIR TAX NOW!