Many Americans will pay over $1,000 more every year in the new Republican tax plan.
Rick Scott is Chairman of the National Republican Senatorial Committee (NRSC) and has an 11-Point Plan . The plan wipes out benefits of the Child Tax Credit ( CTC ) and Earned Income Tax Credit ( EITC ) which helps the low- and middle-income. ITEP estimates that taxes on the poorest 40% would be hiked by an average of $1,000 under the Republican tax plan.
Where will this hurt regular Americans the most? How do Republicans get away with taxation without representation? Follow along with this StoryMap.
No taxation without representation
Hurts retirees and the disabled
"Scott’s proposal wipes out benefits that low- and moderate-income Americans get from CTC and EITC. Some people do not pay federal income taxes simply because their incomes are very low. A married couple for instance, making less than $25,900 don't owe any income tax. Retirees and people with disabilities sometimes owe no income tax because most Social Security benefits are exempt from the tax." - ITEP
The Republican plan would require all Americans to pay federal personal income taxes would increase taxes by more than $1,000 on average for the poorest 40 percent of Americans. The share of households facing tax increases would vary across states, from a low of about 24 percent in Washington State to a high of about 50 percent in Mississippi. The states most affected, where more than 40 percent of residents would face tax increases, are located mostly in the south: Mississippi, West Virginia, Arkansas, Louisiana, Alabama, Kentucky, Oklahoma, Georgia, New Mexico, South Carolina and Sen. Scott’s home state of Florida. (Special thanks to Mike Lux for sharing the ITEP report with DemLabs).
Ends Social Security and Medicare
The Republican plan would also sunset — eliminate — all federal legislation over five years, under the (risky) assumption that worthy laws would be reenacted. That could mean an end to Social Security, Medicare, Medicaid. - Washington Post
Republicans push tax increases and voter suppression
Republicans rely on voter suppression to pass their tax increase plans. Rick Scott represents Florida where new voter suppression bills are rampant:
- Makes harder to register to vote
- Changes rules for observers that could disrupt elections
- Restricts providing snacks and water to voters waiting in line
- Increases restrictions on acceptable IDs needed to vote
- Cuts the time for a voter to remain on the state’s vote-by-mail list
TakeAway: Stop Republican taxation without representation. We don't need another monarchy!