Tax cuts Mr. President, as the American people have now seen firsthand, the working families tax cuts provided significant tax relief. First of all, it locked in the lower rates permanently. In 2017, Republicans lowered tax rates across the board. And as of last year these new lower rates are now permanent. Which means that hard working Americans won't have to worry about a higher tax bill in the years to come. We also nearly doubled the standard deduction in 2017. (01:01–01:11)
CLAIM
Asserts that Republicans lowered tax rates in 2017 and made them permanent last year.
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