Blake Moore: “We also repealed the Democrats $600 reporting requirements…”

“Because they're retroactive to 2025, the average refund is projected to increase by $1,000 and will with a total of $91 billion in additional refunds being returned to the American people. This spring, We also repealed the Democrats $600 reporting requirements for payments through PayPal or Venmo. and requirements for paperwork reporting of small payments to casual sellers and service providers. Again, with an effort to simplify the tax code, make it work for American families and be able to have more of what they earned, we'll get to more of that.” (02:13–02:20)

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.