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John Cornyn: “If [current tax provisions] do expire, 62% of taxpayers will…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Interview with Senator John Cornyn on FAA Authorization, Fentanyl Legislation, and Tax Cuts

Published | Video Starts at 04:23

For example, I'm on the Finance Committee. Part of what we're going to have to consider is extending the current tax provisions which expire at the end of this year. If [current tax provisions] do expire, 62% of taxpayers will pay more taxes. And that's, that's always a concern, particularly coming off a 40 year high inflation. So I'm not going to be able to do it by myself. (04:23–11:17)

CLAIM

Asserts that if current tax provisions expire, 62% of taxpayers will face higher taxes.

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