When a plant like this makes a big investment, we want to make that pay in the tax code. We don't want to penalize them for investing in American workers and American production. And The working families tax cut...completely accelerates depreciation. so that when they make a big investment, when they buy a big amount, when they buy a big new facility or they buy a big new piece of equipment, they can immediately benefit from that in the tax code. (38:04–38:11)
CLAIM
Asserts that the working families tax cut accelerates depreciation for investments.
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.