The average tax cut for filers benefiting from one of president's new tax cuts is over $800. Over 6 million filers have claimed no tax on tips with an average deduction of $7,100. Over 25 million filers have claimed no tax on overtime with an average deduction of $3,100. Over 30 million seniors have claimed the enhanced deduction for seniors with an average deduction of 7,500. And over 1 million filers have claimed no tax on car loan interest on American cars for an average deduction of over $1,800. (10:12–10:18)
CLAIM
Asserts that over 25 million filers claimed no tax on overtime with an average deduction of $3,100.
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