And people said, what are you talking about there? We've always had permanent tax rates. No, we haven't. They've always expired in seven to 10 years. And so what happens is they expire, things are negotiated, more spending is done, and then people get a portion of those tax cuts to be made until the next 10 year expiration with one big beautiful bill. (14:07–14:11)
CLAIM
Asserts that tax rates have historically expired in seven to ten years.
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.
