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Brad Schneider: “Before TCJ it was about 70% would take it.”

Featuring: Brad Schneider, Democratic | U.S. House Illinois, 10th Congressional District

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Rep. Van Duyne asks witnesses how the Working Families Tax Cuts are Delivering for Americans

Published | Video Starts at 04:28

I'm sorry, I'm sorry. It affects how many? 90% of tax filers roughly. So the vast majority of the country takes the standard deduction. It used to be about Before TCJ it was about 70% would take it. So it's dramatically simplified filing for majority of tax filers and provides about annually about 12 to 18 billion in tax relief for all of those individuals. (04:28–04:31)

CLAIM

Asserts that before the Tax Cuts and Jobs Act (TCJ), about 70% of tax filers took the standard deduction.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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