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Scott Bessent: “We are creating productive capacity here and productive…”

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

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Hern Asks Sec. Bessent About Manufacturing Facility Expensing & Third Party Litigation Financing

Published | Video Starts at 03:20

And I think we are seeing that again and again. But Congressman, what is very important here, and I don't think people really understand We are creating productive capacity here and productive capacity is what generates future tax revenues. So we the you get the immediate hit to taxes now, but then you create an accelerated stream of income that is much higher, a multiplier effect after that. (03:20–03:28)

CLAIM

Asserts that creating productive capacity generates future tax revenues.

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