Tom Rice said...

Now, their unemployment rate is down; their unemployment rate is lower than it has been in 40 years, and that is good.

So what we are doing is we are actually converting this from a premium to a tax.

We lowered the tax liability from--we eliminated taxes on anybody--an individual who makes 12,000 or less.

If he makes $60,000 a year, his tax is $9,180 today. And under Mr. Larson's plan, which adds 2.4 percent, that is anothe...