Issue Position: Economic Development and Job Creation

Issue Position

We can do better. Under Nikki Haley's administration, our people have struggled with an unemployment rate high above the national average. Rankings show that the Palmetto State is one of the most difficult places for people to achieve the American Dream. We can -- and we must -- do better. Vincent Sheheen has a plan to help South Carolina's small and medium businesses succeed, better train workers for the jobs of the 21st century, and foster a positive climate for start-ups and entrepreneurs.

Lower the industrial property tax: Manufacturers in South Carolina pay the highest industrial property tax rates in the country. This not only hurts our existing businesses but also discourages new businesses from opening in or relocating to South Carolina. Vincent Sheheen supports reducing and simplifying the system to make it fairer for South Carolina companies looking to expand or stay in business.

Streamline worker training: State government has too many different agencies providing workforce development and training programs. Vincent wants to streamline worker training to save taxpayer money, while providing better service to companies looking for workers and employees looking to improve their skills.

Provide better training for tomorrow's workers: Degrees from technical colleges are becoming more important as employers search for people with specific technical skills. Fully funding our state's technical college system is a critical component for a successful economic future. Vincent will work to make technical college education affordable for South Carolinians who want it.

Help existing businesses to grow: South Carolina should put as much emphasis on job retention as it does job recruitment. Our state's long-term economic stability is based upon retaining and supporting the businesses already here. Vincent will review and revise existing workforce incentives to ensure they are helping local South Carolina companies grow and succeed.

Focus on small businesses: Small businesses are the backbone our economy, and we must do more to support and encourage startups and entrepreneurs. As governor, Vincent will work with local communities to develop entrepreneur-friendly environments that link and provide the resources for new business to start and thrive.

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