Archive | CofC Expert

Ask The Experts: Are Sales Tax Holidays A Good Idea?

Calvin Blackwell – Associate Professor, Department of Economics & Finance, College of Charleston Is there a significant economic benefit when states observe sales tax holidays? “If by economic benefit, you mean increased spending, then yes, sales tax holidays appear to increase economic activity. Removing the tax reduces the cost to consumers, which they obviously like. Removing the tax […]

Study: Children born to lower-income parents in South have less chance of getting ahead financially

As Frank Hefner, director of the College of Charleston Office of Economic Analysis, put it, “Color of skin is not a determining factor, but everything historically associated with that is a factor.” Hefner said the study adds an interesting geographical twist to questions about income disparities and income mobility.

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