With the 2017 Trump tax cut set to expire, Americans would have experienced the largest increase in history if it weren't for this new legislation. 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. (01:45–01:55)
CLAIM
Asserts that the tax cuts saved the average Texas family over $3,000 and prevented tax increases for 62% of Americans.
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