Republican Tax Plot BLOWS UP As South Carolina Residents Get Abandoned скачать в хорошем качестве

Republican Tax Plot BLOWS UP As South Carolina Residents Get Abandoned

Republican leaders in South Carolina totally abandon their own residents in a stunning tax plot to benefit the wealthy as their plan to collapse tax brackets into one flat rate reveals the state funds will take a critical hit while forcing working-class people to pay higher taxes. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below! Read more here: Tax hikes would hit 60% of this red state's residents under new GOP bill - https://www.rawstory.com/almost-60-of... "COLUMBIA — Legislation touted by GOP leaders as making South Carolina’s tax code appear more competitive would require most tax filers to pay more initially, according to an analysis by state fiscal experts. Collapsing South Carolina’s tax brackets into a single flat tax rate of 3.99% in 2026 would reduce state revenues by $216.6 million overall. But that’s done by broadening and shifting the tax burden: 19.4% of filers would owe less in spring 2027, while a whopping 59.4% of filers would owe more; 21.2% would experience no change, according to the fiscal impact report by the state Revenue and Fiscal Affairs Office released ahead of Tuesday’s first hearing on the bill." ** Be part of the Dragon Squad as a YouTube channel member: http://go.tyt.com/join-tdr Follow The Damage Report on Facebook:   / thedamagereporttyt   Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagerepo... Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagerepo... Follow The Damage Report on Instagram:   / thedamagereport   Follow The Damage Report on Twitter:   / thedamagereport   #TheDamageReport #JohnIadarola #TheYoungTurks 250402__DR07RepubsPushing