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Nikki Haley on Corporations

 


My parents built business into a multimillion dollar company

I am the proud daughter of Indian immigrants who reminded my brothers, my sister and me every single day how blessed we were to live in this country.

They loved the fact that only in America, we could be as successful as we wanted to be and nothing would stand in our way. My parents started a business out of the living room of our home and, 30-plus years later, it was a multimillion dollar company.

But there wasn't a single day that was easy and there wasn't a single day my Mom and Dad didn't put everything they had into making that business a success.

So, President Obama, with all due respect, don't tell me that my parents didn't build their business.

Source: 2012 Republican National Convention speech , Aug 28, 2012

Government makes it harder for struggling small business

[My mom's gift shop was] a small business trying to compete with giant departments stores. But I also noticed how hard it was to make a dollar and how easy it was for government to take it away. Government had its hands in literally every aspect of our business. Even as a teenager, that really bothered me. Government charged sales tax to our customers, it charged property tax on the building we were in, it taxed the equipment inside the building, and it charged us income tax on what we took in. We were struggling just to survive, and government was making it harder, not easier.

In that store, poring over those books, I learned lessons that shaped me for life. By virtue of hard work and sheer will, my mother built the gift shop in our living room into a multimillion-dollar high end clothing store. And I learned that small businesses like ours are the engines that create jobs and grow the economy. Government is the deadweight we all drag behind us.

Source: Can't Is Not an Option, by Gov. Nikki Haley, p. 24-25 , Apr 3, 2012

OpEd: Business-friendliness starts with competitive taxes

I hammered other issues as well, first and foremost jobs. South Carolina had 12% unemployment at the time. My mantra was "We can no longer pass government-friendly legislation: we need to pass business-friendly legislation." We needed to take better care of the 95% of our economy that was small businesses. I asked voters to put themselves in the shoes of a small-business owner: What would you look for before starting a business in South Carolina? We needed to create a more business-friendly environment, and that started with a good, competitive tax structure.

As an accountant, I could see that we had one of the most complicated, cobbled-together tax systems in the county. The Department of Revenue administered 32 taxes, but only 3 of them were responsible for over 90% of the state's revenue. The rest were just adding layers of bureaucracy and killing jobs.

Source: Can't Is Not an Option, by Gov. Nikki Haley, p.126 , Apr 3, 2012

Government creates conditions; entrepreneurs create jobs

In my first 9 months as governor, we announced over 15,000 new jobs in South Carolina. I say "announced" because government doesn't create jobs. Government can only create the conditions that allow entrepreneurs to create jobs. South Carolina is a right-to-work state for precisely that purpose--we've seen the job-killing effects of forced-unions laws. I support keeping taxes low on individuals and small businesses because when businesses have extra cash they create jobs. I've fought Washington regulations, not out of ideology of politics but because they kill jobs.

If Congress and the president were serious about putting Americans back to work, they would declare a moratorium on new federal regulations immediately.

The government doesn't create jobs. The private sector creates jobs. The only thing government can do is influence the environment in which jobs will either be created or be destroyed.

Source: Can't Is Not an Option, by Gov. Nikki Haley, p.219 , Apr 3, 2012

Reduce red tape; time is money

As we focus on lowering our unemployment rate in South Carolina, we will hone in on ways to improve the business environment in our state. Every one of my cabinet directors understands that his or her job is to reduce the amount of red-tape placed on our businesses. In the business world, time is money--if government is costing our small businesses time, it is costing them money. That's unacceptable. The heart of our economy is and always will be our small businesses. If we give them cash flow, if we giv them profit margins, they aren't going on vacation--they will use those dollars to hire people, to invest back in our state. And it will be our people, and South Carolina's economy, that benefit. We have spoken some about moving forward with one vision. To the great credit of those in this room, in the seven short days I have been governor, we have made great progress.
Source: 2011 South Carolina State of the State Address , Jan 19, 2011

Eliminate business taxes, starting with corporate income tax

The Haley Administration will prioritize the elimination of business income taxes, starting with eliminating the corporate income tax. Annually, South Carolina collects just over $260 million in corporate income taxes, representing only about 4.5% of the General Fund. Our tax system has been band-aided to saddle some business with a greater burden than others. By leaving a quarter of a billion dollars in the private sector, we will enable South Carolina's businesses to grow.
Source: 2010 Gubernatorial campaign website, nikkihaley.com "Issues" , Nov 2, 2010

Other governors on Corporations: Nikki Haley on other issues:

SC Senatorial:
Jay Stamper
Jim DeMint
Lee Bright
Lindsey Graham
Nancy Mace
Rick Wade
Tim Scott

Election 2013:
NJ-R: Chris Christie (won)
NJ-D: Barbara Buono (lost)
VA-R: Bob McDonnell(Retiring)
VA-R: Ken Cuccinelli (lost)
VA-D: Terry McAuliffe (won)

Gubernatorial Debates 2014:
AL: Bentley(R) vs.Griffith(D)
AR: Ross(D) vs.Hutchinson(R)
CA: Brown(D) vs.Solis(D) vs.Villaraigosa(D)
CO: Hickenlooper(D) vs.Tancredo(R) vs.Hess(L)
CT: Malloy(D) vs.Foley(R)
FL: Scott(R) vs.Crist(D)
GA: Deal(R) vs.Carter(D)
HI: Abercrombie(D) vs.Djou(R)
IA: Branstad(R) vs.Hoefling(R) vs.Culver(D)
MA: Coakley(D) vs.Grossman(D) vs.Berwick(D) vs.Baker(R)
ME: LePage(R) vs.Michaud(D) vs.Cutler(I)
MI: Snyder(R) vs.Schauer(D)
OK: Fallin(R) vs.Boren(D)
PA: Corbett(R) vs.Schwartz(D) vs.Critz(D) vs.Wolf(D)
Up for re-election 2014:
AK-R: Sean Parnell
AL-R: Robert Bentley
CA-D: Jerry Brown
CO-D: John Hickenlooper
CT-D: Dan Malloy
FL-R: Rick Scott
GA-R: Nathan Deal
HI-D: Neil Abercrombie
IA-R: Terry Branstad
ID-R: Butch Otter
IL-D: Pat Quinn
KS-R: Sam Brownback
ME-R: Paul LePage
MI-R: Rick Snyder
MN-D: Mark Dayton
NH-D: Maggie Hassan
NM-R: Susana Martinez
NV-R: Brian Sandoval
NY-D: Andrew Cuomo
OH-R: John Kasich
OK-R: Mary Fallin
OR-D: John Kitzhaber
PA-R: Tom Corbett
SC-R: Nikki Haley
SD-R: Dennis Daugaard
TN-R: Bill Haslam
VT-D: Peter Shumlin
WI-R: Scott Walker
WY-R: Matt Mead
Abortion
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Energy/Oil
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Infrastructure/Technology
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Term-Limited or Retiring 2014:
AR-D: Mike Beebe
AZ-R: Jan Brewer
MA-D: Deval Patrick
MD-D: Martin O'Malley
RI-I: Linc Chafee
TX-R: Rick Perry

 

Page last updated: Mar 24, 2014