Now, if that wasn't bad enough, the JCT numbers show that this bill is even worse for people on the bottom rung by 1929. 2029. Sorry. According to JCT numbers, after the temporary tax cuts for people making under $30,000 a year on an aggregate, they're gonna... be paying $5 billion more in taxes. That's a big tax cut, Madam Chair. Fact check that. Now, imagine that, Madam Chair. There's so many ugly things in this bill, in this thousand pages of this big, beautiful bill. (10:14–10:31)
CLAIM
Asserts that people earning under $30,000 will pay $5 billion more in taxes after temporary cuts expire.
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.
