Rick Scott’s plan to force every American to pay income tax in his recently released platform for the Republican Party would raise taxes by over $1,000 for the bottom 40 percent.
Sen. Rick Scott’s plan to force every American to owe income tax in his recently released platform for the Republican Party would raise taxes by over $1,000 for the bottom 40 percent of income earners, a new analysis found.
don’t owe federal income taxes. Many don’t owe taxes because they simply don’t make enough income to qualify. People with disabilities, retirees and other Social Security beneficiaries don’t owe taxes because much of the program is tax-exempt. ITEP calculated these estimates by assuming that Scott’s plan would make it so that all Americans owed at least $1 in taxes, taking credits into account. So, if a household had an income tax liability of $1,000, and would normally have received a credit of $1,500 from the Internal Revenue Service , they would not receive their expected $500 tax refund under Scott’s plan, ITEP wrote.