Because if you talk to any small business owner, you'll tell them the number one priority right now is for us to make their tax rates permanent. It's not a tax cut. No matter how many times my colleagues will say it's a tax cut for billionaires, it's objectively not true. This is permanency of the current rates. Only in Washington D.C. by the way, would keeping things the same be considered a tax cut. It's ludicrous and it makes no sense. (21:32–21:40)
CLAIM
Asserts that maintaining current tax rates is not a tax cut for billionaires.
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