62% of Americans will see a tax increase in, in 2026. And working parents will see the child tax credit cut in half. That means The average family of four in Texas or Alabama, anywhere else in the country that earns eighty thousand dollars will face a seventeen hundred dollar tax increase. As I said at the outset, this would be on top of about a 20% increase in just about everything as a result of the inflationary policies of the Biden Harris administration. (13:54–14:06)
CLAIM
Asserts the specific financial impact on average families if tax cuts are not extended.
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