So there are areas out there in which people are actually going to see lower tax bills overall. Yes, We did extend the 2017 law, made it permanent, which had lower rates, doubling of the child tax credit, near doubling of the standard deduction. All important features to, you know, protect them from that tax increase. But I think they will see in other ways. (12:06–12:15)
CLAIM
Asserts that the 2017 tax law was extended and made permanent, with lower rates and increased deductions.
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.
