The real median household income rose by $5,000 a year immediately following the TCJA's passage. That's the largest increase in that short amount of time span. And then A household making the U.S. median income, which is 80,000, could see a $1,600 increase in tax liability if these are not extended. these are not extended. That's for hard working Americans. I think that's, that's just horrible. (1:24:40–1:24:54)
CLAIM
Asserts that households making the U.S. median income could see a $1,600 tax increase if [tax cuts] are not extended.
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