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 another $1,440.
Tom Rice
The Public Record
Tom Rice is an American politician and member of the Republican Party who has served as the U.S. Representative for South Carolina's 7th congressional district since 2013. Born on August 4, 1957, Rice has focused on issues such as economic development, job creation, and disaster recovery during his time in office. He has been involved in various legislative efforts to support the interests of his constituents in South Carolina, particularly in the areas of tourism and agriculture.
The median household income is $60,000. A self-employed guy, could be an artist, like my brother, for example, could be a truck driver, could be an Uber driver, could be anybody.
Social Security is a promise that the government, our government made to our seniors.
If we could just solve about--there is really not that many--five or six major problems that we face, we could unleash the American economy.
Sam Johnson introduced a plan that would balance Social Security for 75 years without raising one cent of taxes.
Nothing is going to happen here if it is not bipartisan. Absolutely nothing is going to happen, and everybody has to come to that realization.
And it is a real paradox because on the one hand, in these prosperous areas, which are not far way, I have got employers that are screaming for employees.
Now, their unemployment rate is down; their unemployment rate is lower than it has been in 40 years, and that is good.
But I also represent three of the poorest counties in South Carolina. And they have been struggling for a long, long time.
I represent an area in South Carolina of eight counties. I live in Myrtle Beach, which is a very tourist-oriented area.
We are worried about this disruption with China. It is certainly affecting our business.
I am really proud of what the President has done, restructuring our tax code, restructuring our regulatory system.
We here in Washington have allowed that playing field to be tilted against them for far too long.
I believe that our middle class--that American workers--can compete with anybody in the world on a level playing field.
All-time lows in African-American unemployment, all-time lows in Hispanic unemployment.
We have 157 million people employed in the country, the highest in history, 6.9 million available jobs.
Only two years ago we were being told by the media that we would never see sustained growth over two percent in GDP.
I wanted to just kind of go through some statistics. I am sorry, you all. I am a CPA, and statistics are just exciting as hell to me.





