That's the estimate. It eliminates taxes on tips over time. Car loan interest, allows deductions of up to 10,000 on interest for new US made auto loans. Permanently boosts the child tax credit which supports more than 40 million families. in federal taxes on Social Security. For most seniors, I believe it's 88% of recipients will pay no federal taxes. And the list is a lot longer than that. (07:22–07:29)
CLAIM
Asserts that the child tax credit will be permanently increased, benefiting over 40 million families.
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