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Tax Policy Center Releases Analysis on Sen. Scott’s Plan… and it’s Brutal

Feb 28, 2022

Congratulations to GOP messaging guru Rick Scott for making Senate Republicans run on raising taxes on working families by $100 billion.

Key points from the nonpartisan Tax Policy Center’s analysis:

  • A Scott-like plan would raise taxes on middle-income households by an average of $450.

  • Scott’s goal could increase federal income taxes by more than $100 billion in 2022 alone. 

    • More than 80 percent of the tax increase would be paid by households making about $54,000 or less.

    • 97 percent would be paid by those making less than about $100,000.

  • Households… making less than about $27,000 annually would pay an average of nearly $1,000 more in taxes in 2022, reducing their after-tax incomes by nearly 6 percent. 

  • Low-income families with children would pay the most.

    • Scott’s goal would slash their after-tax incomes by more than $5,000, or more than 20 percent.

  • The top quintile of earners would pay almost no extra taxes.

Click here to read the full analysis.

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