I am talking about for a single individual and we doubled it for families too, from 12,000 to 24,000.
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.
We have below 4 percent national unemployment, record lows in African American and Hispanic unemployment.
We lowered the tax liability from--we eliminated taxes on anybody--an individual who makes 12,000 or less.
71 percent of Americans think the economy is in good shape. That is a 20-year high.
I am very thankful to this President, to President Trump for coming in, and with the Republican majority at the time, one of our first priorities was repeal regs and set people free to do what they want to do, to hire.
Social Security is a promise that the government, our government made to our seniors.
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.
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.
So what we are doing is we are actually converting this from a premium to a tax.





