Yeah, great question. It benefits about 90% of tax filers. It's about 12 billion to 18 billion. 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. (04:24–04:28)
CLAIM
Asserts that the vast majority of the country opts for the standard deduction.
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