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Scott Bessent: “44% of the returns we got this year took advantage of at…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Treasury Secretary Scott Bessent's America 250 Address: Economic Statecraft, Tariffs, and the Dollar

Published | Video Starts at 34:33

And you know what we've seen this time too from the one big beautiful bill, also known as the working families tax cut, was that it was a home run for working Americans. Because I am also in charge of the IRS and 44% of the returns we got this year took advantage of at least one of the no tax on tips, no tax on overtime, reduced taxes. Only 80, only 15% of our seniors paid taxes on their Social Security and deductibility of auto interest for American cars. So we are pushing that. (34:33–34:52)

CLAIM

Asserts that 44% of tax returns took advantage of specific tax reductions.

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