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Make It Simple Tax guru Representative Bill Archer (RTex.) would like to eliminate the 18-month holding period for capital gains.
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That being said, if local, state or federal governments are to siphon tax revenues from personal income or production, it is contingent upon a representative government to provide transparency to those paying the tax.
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Many newspapers there carried comments from the state's senior Democratic representative calling for changes in trade and tax policy to help US automakers better compete with overseas rivals.
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In Florida, for example, former state representative Kevin Ambler previously sponsored a film tax credit bill and is now a manager at two film production companies, one of which applied for film tax subsidies.
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Representative James Garfield, who later became president, called a graduated tax unconstitutional.
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On the task are Secretary to the Governor Larry Schwartz, who is Cuomo's top representative, and Budget Director Robert Megna, who could create a tax incentive deal.
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"As a businesswoman, I will use my experience to cut waste in Washington, lower tax rates so small businesses can create jobs and do the people of South Carolina proud as their representative, " she said.
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