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Ted Cruz: “Three quarters of the people who benefited from no tax on…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America

Published June 3, 2026 | Video Starts at 14:12

Benefited from no tax on overtime. The average deduction was $3,100. By the way, where do they fall? The Democrats in the media are going to say it's all the rich. Three quarters of the people who benefited from no tax on overtime, their income fell under $100,000. 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. (14:12–14:22)

CLAIM

Asserts that 75% of those benefiting from no tax on overtime earn under $100,000.

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.

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Ted Cruz

“97% of filers scored a cut.”
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“If we had not passed the working families tax cut, you know what would have happened on January 1st? There would have been a $5 trillion tax…”
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“The standard deduction was doubled. That simplified life for 127 million filers, which is equivalent to 90% of all returns filed.”
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“We funded more than $24 billion billion with a B into the Coast Guard.”
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“The annual budget of the coast guard is between 11 and 12 billion dollars in one year.”
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“The Trump administration signed a contract to purchase 11 new Arctic ice cutters.”
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“Galveston used to be the largest city in Texas.”
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“It remains the single most devastating natural disaster in US History.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 26:04-26:09
“Nearly every American in this country got a meaningful tax cut from the working families tax cut.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 00:30-00:37
“We're also going to talk about bringing manufacturing and shipbuilding back to America and in particular, defeating Russia and China in the…”
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“Boston, along with Philadelphia and New York, are probably the most important cities in the founding of our country.”
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“I still have hope even for bright blue states like [Massachusetts], that the pendulum can shift. But that being said, it hasn't shifted yet.”
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“The Trump administration is trying to take on the woke culture.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 09:05-09:12
“If you're a taxpayer in America, the odds are overwhelming that you got a tax cut as a result of the working families tax cut last year that…”
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“Almost every US Tax filer got a cut this year, coming to a total of $82 billion in relief.”
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“Treasury officials said filers making 100,000 to 200,000 who tapped the new breaks pocketed an average cut topping $1,250.”
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“Those with incomes between 50,000 and 100,000 grabbed more than $815 on average.”
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“More than 7.5 million workers claim the no tax on tips tax break.”
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“The average deduction was $7,000.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 13:21-13:27
“More than 29 million filers [benefited from no tax on overtime].”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 13:39-13:48
“96%. This was a targeted tax break to working class Americans who needed it.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 14:27-14:36
“Zero in the House, zero in the Senate.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 15:14-15:17
“86% are going to kids of families earning less than $200,000.”
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“More than 30 million Americans claim the deduction for no tax on Social Security. The average deduction is more than $7,500.”
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“The estimate is that the GDP is 1.2% greater than WOW. In 2026 this year. Next year it will be 1.4% greater in 2027 and then in 2028 it will…”
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“That is the longest, largest single investment in the history of the United States in the Coast Guard.”
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“We invested more than double the annual budget of the Coast Guard to rebuild their fleet.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 21:23-21:29
“In Galveston we had a groundbreaking for a brand new shipyard where there's over a billion dollars being invested.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 22:18-22:26
“It's going to create more than 2,000 jobs to build Arctic ice cutters.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 22:25-22:30
“In 1900, there was a devastating hurricane that killed between 8,000 and 12,000 people in Galveston.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 25:49-25:58
“In 1836, Galveston was the capital of the Republic of Texas.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 26:15-26:21
“The bill we wrote, we had the funding for what was likely to be five to six Arctic ice cutters.”
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“The proposal, the legislation that had been passed was funding to build five to six new ice cutters.”
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“Trump said, that's not enough. I don't want five to six, I want 11.”
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“They found new funding that had been appropriated by Congress.”
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“There's several ice cutters being built in Louisiana, there's several being built in Texas.”
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“We're getting thousands and thousands of new jobs.”
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“We're going to be able to compete with and protect our national security in the Arctic against Russia and China.”
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