But I was opposed to no tax on credit card tips too, but couldn't change that. No, I was railing internally about the complexity we were adding in the one big beautiful bill. Again, We didn't simplify the tax code and the Tax Cut and Jobs Act, we made it more complex. In that case, I was able to fight to make sure that 95% of American businesses also got a tax cut with the 5% of C Corp's that initially that was the only concept. (02:24–02:30)
CLAIM
Asserts that the Tax Cut and Jobs Act increased the complexity of the tax code.
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.
