But we spurred that tax. Spurred. Now, when we cut the taxes, as an example, the corporate tax was cut down to 21% from 39% plus. Beyond that, We took in more revenue with much less tax. and companies were bringing back trillions of dollars back into our country. The country was going like never before. And we were ready to start paying down debt. (09:19–09:23)
CLAIM
Asserts that the U.S. government collected more revenue despite lower taxes.
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.