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Mike Johnson: “About 90% of seniors are going to have no taxes anymore on…”

Featuring: Mike Johnson, Republican | Speaker of the United States House of Representatives | National

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Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman

Published | Video Starts at 06:04

So in the final provision, we have a new tax credit up to $5,000. And so when you do the math and you look at all the statistics and everything, what it means is basically about, it's About 90% of seniors are going to have no taxes anymore on their Social Security benefits. because anybody who makes less than $75,000 a year, it'll apply. And that's the big chunk of people, the folks who are relying upon that income, they're going to get a major dose of relief here. (06:04–06:10)

CLAIM

Asserts that 90% of seniors will no longer pay taxes on Social Security benefits.

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