DOR releases October 31, 2019 Fundraising Totals – It’s BAD!!!

FUNDRAISING UPDATE: Only $133,350 raised in October!!!:  Well, thank you to the SC Department of Revenue for continuing to post the monthly fundraising totals with another update on Friday … and continuing to THROW #FireChadConnelly under the bus for his complete failures.

The numbers don’t lie … we only have less than 2 months left for them to raise $8,942,535 .. when they only raised $133,350 last month.  This is a dangerous and unnecessary game (not so) Exceptional SC is playing with our children.  All so Chad Connelly can have a job???  #FollowTheMoney!!!

And worse … if it was not for the $100,000 publicity stunt donation from C. Dan “Subprime” Adams who is the Board Chairman of Palmetto Promise Institute (one of the main groups behind this mess) … they would have only raised $33,350 last month.  THE WORST MONTH YET!!!

And what is (not so) Exceptional SC’s excuse … this week?  See the insanity they told parents this week in their every month or two update:

The tax law changed December 22, 2017 … nearly two years ago.  This is no “transition year” … and EVERYBODY … except apparently (not so) Exceptional SC … knew it.

And it gets worse ….

Remember this from last week.  We pointed it out to the Department of Revenue … and within a few hours their General Counsel was asking the SC Association of CPAs to REMOVE Chad Connelly’s article.  Two years on the job and Chad thinks ALL 73 business taxes in SC are eligible for the credit???

CPAs will never trust this guy!!!  Would you???

And worse … if individual CPAs don’t trust the legal / unconstitutional structure of the NATION’S ONLY government run K-12 tax credit scholarship program enough to advise a client to give $5,000 or $10,000 donation … WHY DO YOU THINK A MAJOR CORPORATION IS GOING TO GIVE MILLIONS?!?!?

Corporations don’t even donate in states were the programs are constitutional … just look at Georgia and the 2019 results of their $100 MILLION program!!! 

10% corporate donors … DOWN from 15% historically.  What is Chad Connelly talking about?!?!?!