Industrial electricity rates in South Carolina are 22% less than in Maryland. This is largely due to the forced closure of eight power plants by Maryland elected officials, who have also mandated the purchase of ever-increasing amounts of "clean power," such as solar or wind. In addition, the state has socked energy utility customers with an EmPOWER Maryland fee, that funds a Marxist program that subsidizes the purchase of energy efficient equipment by lower income customers. The end result is that Maryland now imports the majority of its electricity from out-of-state, naturally at greater cost than it had been provided from those shuttered in-state plants. Not to mention that Maryland ratepayers are now receiving record-high monthly power bills.
Maryland's corporate tax rate is 8.25%. South Carolina's is 5%. Doh!
Last year, Maryland Governor Wes Moore and the Democratic-controlled legislature established a 3% tech tax. By comparison, IT consulting, custom coding, and systems design are not taxed in South Carolina.
Finally, Maryland’s average annual pay for chemical engineers is approximately $121,012 to $140,708. In Charleston, the average is roughly $93,975 to $128,000, according to Indeed.com.
Heckuva job, Brownie!
"It's a bridge that I've used pretty much all of my life," Hale told reporters Wednesday. "I'm from around here. This is my house right here," he added, gesturing toward his home. The neighborhood around the former bridge connection "is hurting, because it takes forever to go from here to over there," Hale said.
Hale argued the floundering rebuild is "emblematic of a governor that's really not paying attention to this whatsoever. He'll smile and say that he is, but he's not. And what you see is anger on both sides of the bridge, all around [Anne Arundel and Baltimore] County and just, the citizens here are extremely upset and don't like the idea that we're not getting this done. There's no end in sight for this thing to be done."
"We are a ship without a rudder," Hale charged of Moore's leadership of the state, saying the current governor's attention is largely consumed by his quest for the presidency in 2029. He announced that in lieu of a workable solution from the Moore administration, "I have a plan."
"I'm going to have the bureaucrats involved, the engineers, and the construction companies involved in this whole process, and see what they can do," Hale said. "And if they don't have a reasonable explanation, they're not going to last long in my administration." He suggested the state turn to Maryland-based firms that do similar work around the world to rebuild the bridge, saying he knows they are qualified because he has hired many of them for his own projects. "I've talked to a bunch of people, and they're standing by, ready to do it."
Hale cited the outflow of residents and wealth from Maryland to other states in recent years. Voters are "now telling me, 'If you don't win, we're moving,'" Hale recounted. A recent poll found that over 60% of Maryland residents are either in the process of leaving the state, or are considering a move. "We can't continue to have this happen," Hale said.
"We don't have economic development. We don't have job creation. We are the worst in the nation for job creation," Hale explained, noting that as a private sector businessman, he has created tens of thousands of jobs. By "every metric you can think of, we're failing," Hale said. "I don't intend to fail. I intend to make things better. Help is on the way."
