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. Everybody talks about it and we've done it since 2017. (00:51–01:02)
CLAIM
Asserts that tax changes will save Americans 210 million hours and $13 billion annually.
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.
