Rice responds to national group asking him to oppose new consume - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Rice responds to national group asking him to oppose new consumer tax

Rep. Tom Rice (Source: WMBF News) Rep. Tom Rice (Source: WMBF News)

HORRY COUNTY, SC (WMBF) – A national group that promotes economic freedom is urging Rep. Tom Rice to oppose a new consumer tax.

The Club for Growth, which promotes that freedom through legislative involvement, issue advocacy, research, and education, according to a press release, paid $500,000 on a new advertisement that was set to be released Tuesday.

That ad says Rice proposed a 54 percent increase in the gas tax, but he refuses to oppose a $1 trillion consumer tax on American families, the release stated.

According to the ad, the tax will cost the average South Carolina family up to $1,700 more every year.

In a statement, Rice said:

I am disappointed that the Club For Growth has taken to the airwaves, spending millions of dollars to attack the tax reform blueprint offered by House Republicans. Border adjustment is only one part of the tax reform plan that also slashes individual and corporate tax rates to make our country more competitive. Our global competitors apply border taxes to products built by American workers, and President Trump has repeatedly recognized the need for America to do something similar in order to level the playing field. My goal in tax reform is to make our economy competitive and bring back American jobs WITHOUT INCREASING TAXES. Economist after economist have testified that our plan will do exactly that.
 

Rice sits on the Ways and Means Committee. Republicans on the committee came up with what they call the blueprint for tax reform, saying it provides unprecedented simplicity and fairness for taxpayers.

According to CNN Monday, a border adjustment tax would give tax breaks to American companies that send products to other countries, while stripping tax breaks from American companies that import goods.

Club for Growth's ad also goes after Rep. Diane Black of Tennessee, Rep. Martha Roby of Alabama, and Rep. John Culberson of Texas.

Copyright 2017 WMBF News. All rights reserved.

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