So it's all based on your percentage of income. And, but I, I do agree with you that if we don't extend this, every tax bracket will experience a tax increase. Wall Street Journal said 62% of taxpayers will see a tax increase on top of 40-year high inflation. which we've been through in the last few years. I think it's a bad idea. So I'm determined to try to do what we can not to raise taxes on our taxpayers. (16:10–16:20)
CLAIM
Asserts that 62% of taxpayers will face a tax increase alongside high inflation, according to the Wall Street Journal.
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.