January 19, 2012 02:22 PM | Permalink |
The cost of the tax plans proposed by Republican presidential candidates would range from $6.6 trillion to $18 trillion over a decade. Of the tax cuts going to South Carolina residents, almost half or more would go to richest five percent under these plans. The average tax cut received by the richest one percent of the state’s residents would be up to 163 times as large as the average tax cut received by middle-income residents of the state.