You know how much, how many people earned under $200,000? How much? 96%. This was a targeted tax break to working class Americans who needed it. By the way, The standard deduction was doubled. That simplified life for 127 million filers, which is equivalent to 90% of all returns filed. Have you seen that on the news? No. You haven't? Yeah. In fact, treasury said that number will go up because some people have filed extensions. (14:36–14:51)
CLAIM
Asserts that doubling the standard deduction simplified tax filing for 127 million people, 90% of all returns.
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.
