The Average Household Will Get a Maximum of $28 Per Week From the GOP Tax Plan

Republicans want to put health care behind them and start focusing on taxes:

“What we ought to focus on is how we cut taxes in such a way that the average person in our country who has not experienced this recovery has more money in their accounts at the end of the week or the end of the month,” said Sen. Tim Scott of South Carolina, another GOP tax writer. “That’s what we should focus on, and I think we’ll have some success there.”

I assume that Tim Scott is talking about folks in the middle. That’s who he says he wants to help. In case you’re curious, here are some statistics about the median household in the United States:

That’s it. The average household doesn’t pay much income tax. It pays payroll taxes. But Republicans aren’t planning to do anything about payroll taxes. They’re focused solely on income taxes, and I doubt they’re planning to start sending big checks to people who owe no income tax at all. On average, this means that the absolute maximum they can provide to “the average person in our country who has not experienced this recovery” is $28 per week.

I’ll be surprised if they do even that much. But at higher incomes I’ll bet they do plenty.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate