Congresswoman, same question. What tax policy do you want to see when the 2017 Tax Cuts and Jobs act expire in 2016, 2026? I'm actually going to answer your question directly. The Trump tax cuts, if they were extended by the next Congress, would cost $4 trillion over the next 10 years or $400 billion a year. And that's something we simply cannot afford. Let's not forget those tax cuts were targeted at the top 1% of taxpayers and at corporations. I think those tax cuts should expire. (20:49–21:02)
CLAIM
Asserts that extending Trump tax cuts would cost $4 trillion over 10 years.
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.
