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. And I want to tell you what I think are the two most significant elements of the tax cut we passed last year. (14:50–14:56)
CLAIM
Asserts that the average deduction for no tax on Social Security was more than $7,500.
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.