Grover Norquist: For Several Months, the Press Basically Lied About What Was in the Tax Bill

‘Take a look at your paycheck and how it’s affected’

EXCERPT:

NORQUIST: "Okay. Here’s the good news. For several months, the press basically lied about what was in the bill, misstated what was in the bill. Even the think tank that now almost everybody gets a tax cut used to put out studies suggesting that wasn’t true. Disingenuously. But they didn’t want too bad so as they got closer, they gave a more accurate read. But now they got to live the bill. Take a look at your paycheck and how it’s affected. And before that, you can go to taxplancalculator.com, which has a calculator which will actually tell you what you pay under the new rules; taxplancalculator.com. But then also go and take a look at your 401(k), your IRA, your health savings account, these are all increasing as the stock market goes up as we make these tax changes for companies internationally make us more competitive. You benefit by more cash flow on your own personal taxes. You also benefit because your lifesavings increases with the values of stocks inside them. And then lastly, people with jobs are the biggest winners of all. So look for all three of those areas, you'll see the benefits people have. The challenge for the other team is they way overplay their had in lying, trying to stop the bill. They told lies about it, which made them look bad."

Video files
Full
Compact
Audio files
Full
Compact