If the President's tax cuts are not extended The American people will face the largest tax increase in American history. 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. (13:48–13:54)
CLAIM
Asserts the potential reduction in the child tax credit for working parents.
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