And there's some suggestion that could be significantly larger as time goes on. In the alternative, If we don't extend and make permanent [the] Tax Cuts and Jobs Act at the end of this year, our small businesses are going to be facing a $600 billion tax hike. And that is what the Democrats here are going to be voting if they choose not to work with us to extend the Tax Cuts and Jobs Act. (01:51–02:04)
CLAIM
Asserts that not extending the Tax Cuts and Jobs Act will result in a $600 billion tax increase for small businesses.
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