Nimarata ‘Nikki’ Haley has repeatedly used the line, “it’s time for an accountant in the White House” during her GOP presidential primary campaign. The assertion functions as an attempt to criticize her rivals’ spending records. However, despite having a bachelor’s degree in accounting, Haley does not and has never held a certified public accountant license. Her bookkeeping experience is limited to her time as “chief financial officer” at her parents’ gift shop business, Exotica International, Inc.
Exotica’s financial record is poor. The company was hit with three liens for failure to pay taxes, resulting in thousands of dollars in penalties with interest. Records show Exotica also had a habit of filing taxes over a month late, well above the industry standard. It closed its doors in 2008.
The financial troubles followed her to the Trump administration. Bankers attempting to foreclose on her parents’ lake house in South Carolina tried to track her down at her United Nations workplace, and security had to turn them away.
Haley once listed her Exotica salary as $125,000, requesting the same amount when applying for a job at the Lexington Medical Center. Her tax returns, however, showed she never earned more than $47,000 a year from her parents’ company.
Haley has also been careless with her personal taxes and has had to pay thousands in late-payment penalties in the 2000s.


