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Adam Schiff: “If you're making more than 5 million a year, your tax cut is…”

Featuring: Adam Schiff, Democratic | U.S. Senate, California

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Adam Schiff Criticizes Republican Bill Amid Votorama Voting Marathon

Published | Video Starts at 02:47

So even with all their devastating cuts to Medicaid, even with all their tax on food for young families, it's still not enough. Because they want the kind of tax cuts that will mean If you're making more than 5 million a year, your tax cut is going to be $346,000 every year. That's going to be your tax cut. If you're that wealthy now, if you're a poor family, you're going to pay more in taxes. How is that right? (02:47–02:49)

CLAIM

Asserts that individuals earning over $5 million will receive a $346,000 annual tax cut.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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