But here's one of the big differences. When you can think about the inflation we've had since President Biden took office, if you live in the Scottsdale Phoenix area that I represent, If you don't make more than 26% more today than you did the day Biden became president, you are poorer. Okay? So Think about that. Except these provisions aren't adjusted for that inflation. So right now it phases out at 400,000. You lose this child's tax credit doubling next year. (06:07–06:18)
CLAIM
Asserts that individuals need to earn 26% more than they did at the start of Biden's presidency to maintain their purchasing power.
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.
