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John Thune: “The average tax return this year is going to be 24% higher…”

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

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Thune Joins Larry Kudlow on Fox Business

Published | Video Starts at 06:22

And, but you know, if you look at what happened has happened and we haven't done as probably good a job of marketing this as we should, but you know, people this year who are filing tax returns, The 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 for tips or overtime or a senior who's getting the benefit now, this increased deduction for Social Security, those returns are up 50%. (06:22–06:27)

CLAIM

Asserts that average tax returns have increased by 24% compared to the Biden administration.

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.


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