We locked in the double standard deduction and not only at the rate that we established the Republicans established in 2017, we actually boosted it for this new approach. And it is, and it is now considered permanent policy, meaning that Families will pay no taxes on the first $31,500 of what they make. It will also save Americans an estimated 210 million hours per year in paperwork and $13 billion in compliance costs annually. We talk all the time about simplifying the tax code. (00:45–00:51)
CLAIM
Asserts that families are exempt from taxes on the first $31,500 of income.
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