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John Thune: “Returns for filers who claim a deduction for tips or…”

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

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Thune Joins Larry Kudlow on Fox Business

Published | Video Starts at 06:27

… average tax return this year is going to be 24% higher than it was during the Biden administration. And if you're somebody, if you're a filer who claims a deduction Returns for filers who claim a deduction for tips or overtime or a senior's increased deduction for Social Security are up 50%. So there is a great story to be told here about how we're putting more money in the pockets of the American people so that they can spend it their way and that gets the economic growth. (06:27–06:48)

CLAIM

Asserts that tax returns for certain deductions have increased by 50%.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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