… extend the tax cuts for Those making below 400,000, that was first passed as part of the Tax Cuts and Jobs Act. However, I mean, that was the statement. However, This budget assumes that these provisions will expire as currently scheduled in 2025. So are we telling the folks that after 2025 they're fair game at under 400,000? Mr. Bergman, this is a 2024 budget, but we felt it necessary to put a statement of principles because we know people would be interested. (02:01–02:09)
CLAIM
Asserts that the current budget assumes tax provisions will expire in 2025.
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