Ted Cruz: “No tax on overtime. No tax on car loans. No tax on Social…”

“I was getting a haircut two weeks ago. My barber heard that I was the Author of no Tax on Tips. He literally ran across the room and gave me a high five. No tax on overtime. No tax on car loans. No tax on Social Security. Let's take Social Security. 30 million Americans filed for no tax on Social Security. The average deduction was more than $7,500. That's real money that goes straight to people who need it.” (14:33–14:39)

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.