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Ted Cruz: “Treasury officials said filers making 100,000 to 200,000 who…”

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 12:19

So that's the choice. Either a tax cut, which is what has happened, or a massive tax increase. And here, here are the specific data. Treasury officials said filers making 100,000 to 200,000 who tapped the new breaks pocketed an average cut topping $1,250. So if you made between 100, $200,000, you got over $1,000 in tax relief, while those with incomes between 50,000 and 100,000 grabbed more than $815 on average. (12:19–12:34)

CLAIM

Asserts that taxpayers earning $100,000 to $200,000 received an average tax cut of over $1,250.

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.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 11:07-11:11
“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…”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 11:45-11:56
“The standard deduction was doubled. That simplified life for 127 million filers, which is equivalent to 90% of all returns filed.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 14:36-14:51
“We funded more than $24 billion billion with a B into the Coast Guard.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 20:59-21:08
“The annual budget of the coast guard is between 11 and 12 billion dollars in one year.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 21:16-21:23
“The Trump administration signed a contract to purchase 11 new Arctic ice cutters.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 22:04-22:10
“Galveston used to be the largest city in Texas.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 25:17-25:21
“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…”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 00:37-00:49
“Boston, along with Philadelphia and New York, are probably the most important cities in the founding of our country.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 03:47-03:58
“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.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 04:59-05:07
“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…”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 10:12-10:24
“Almost every US Tax filer got a cut this year, coming to a total of $82 billion in relief.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 10:46-10:55
“Those with incomes between 50,000 and 100,000 grabbed more than $815 on average.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 12:40-12:50
“More than 7.5 million workers claim the no tax on tips tax break.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 13:00-13:09
“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
“Three quarters of the people who benefited from no tax on overtime, their income fell under $100,000.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 14:12-14:22
“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.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 17:04-17:11
“More than 30 million Americans claim the deduction for no tax on Social Security. The average deduction is more than $7,500.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 17:17-17:29
“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…”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 18:25-18:49
“That is the longest, largest single investment in the history of the United States in the Coast Guard.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 21:07-21:13
“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.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 27:27-27:34
“The proposal, the legislation that had been passed was funding to build five to six new ice cutters.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 28:31-28:37
“Trump said, that's not enough. I don't want five to six, I want 11.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 28:37-28:42
“They found new funding that had been appropriated by Congress.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 28:43-28:47
“There's several ice cutters being built in Louisiana, there's several being built in Texas.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 28:48-28:53
“We're getting thousands and thousands of new jobs.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 29:20-29:24
“We're going to be able to compete with and protect our national security in the Arctic against Russia and China.”
Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building Back to America | Uploaded June 3, 2026 | 29:23-29:29