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John Cornyn: “Small business owners alone would have seen their federal…”

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

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Cornyn Touts Pro-Family, Child Care Provisions in Working Families Tax Cuts Act

Published | Video Starts at 01:55

And again, our Democratic colleagues were okay with that. But we saved the average Texas family more than $3,000, and we prevented 62% of Americans from seeing a tax increase. Small business owners alone would have seen their federal tax rates increase by nearly 50%. and American households would have faced a more than $4 trillion tax hike. Democrats, as I said, were okay with that. (01:55–02:01)

CLAIM

Asserts that small business owners would have faced a nearly 50% increase in federal tax rates without the tax cuts.

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