But this bill also did a lot to support America's small businesses as well as family Farms and ranches thanks to Republicans landmark bill 12 million small businesses saw an average tax reduction of $7,000. This bill made the 199 a small business deduction permanent, which has been a significant boost for small businesses and for family farms and ranches. (03:20–03:26)
CLAIM
Asserts that 12 million small businesses experienced an average tax reduction of $7,000.
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.