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John Thune: “It would represent a $4 trillion tax increase on the…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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Full interview: Senate Majority Leader John Thune

Published | Video Starts at 16:21

There are, it's current policy. So it's the, these are tax laws that will expire at the end of this year if Congress doesn't take action to extend them. And It would represent a $4 trillion tax increase on the American people if we don't extend that policy. we're going to have a very robust conversation about tax reform. I was a big part of it back in 2017 when we did the initial Trump tax cuts. (16:21–16:26)

CLAIM

Asserts that not extending current tax policies would result in a $4 trillion tax increase.

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