The people that benefited most from that were the lowest income Americans. It was households that made between 20, 30 thousand dollars a year annually. They had the biggest benefit from the TCJA. Also, The people that make $40,000 or less had their best tax benefits in over 40 years. Go back and look at the statistics. So what we're doing right now is by making all those tax cuts permanent, we're preventing the largest tax increase in U.S. history. (15:19–15:28)
CLAIM
Asserts that people making $40,000 or less received their best tax benefits in over 40 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.
