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Scott Brown’s 80 Billion Dollar Tax Cut
Nearly one month to the day of entering the Senate after a race that rocked U.S. politics, GOP Sen. Scott on Thursday announced his first piece of legislation — a $80 billion payroll tax cut.
The Immediate Tax Relief for America's Workers Act targets mostly working class Americans, those employees making up to about $200,000, with a temporary tax cut that would, according to data released from Brown's office, save the average worker "about $100 a month for a total of at least $500 for individuals and $1,000 for working couples," Fox News reported.
The $80 billion is currently "stuck in a virtual Washington slush fund," Brown said in his speech.
"Providing immediate across-the-board tax relief to working families is not complicated economic policy – it’s simple and common economic sense," he added.
Brown's office, in a statement, said, "Families could immediately use their returned tax dollars to provide for their families and put back into the struggling economy to spur job creation."
