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Mike Crapo: “About 1.2 million of them qualify for the $1,000 tax…”

Featuring: Mike Crapo, Republican | U.S. Senate Idaho

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Crapo: Tax Relief Gives Phenomenal Boost to Working Americans

Published | Video Starts at 02:28

And the tax relief for the seniors, just as an example, is about a $7,200 deduction. So these are big deals. And then finally, the Trump accounts, there's 5 million of them that have been created so far. About 1.2 million of them qualify for the $1,000 tax contribution. And the bottom line here is that we have a phenomenally increased boost from tax relief coming from the Working Families Tax Cut act that are now showing in the … (02:28–02:34)

CLAIM

Asserts that 1.2 million Trump accounts qualify for a $1,000 tax contribution.

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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