Tim Scott: We’re Looking at the Largest Tax Increase in American History in 2025

‘President Trump says he wants taxes to stay down’

EXCERPT:

SCOTT: "We’re looking at the largest tax increase in American history in 2025. President Biden says he wants the taxes to go up. President Trump says he wants the taxes to stay down. The difference between that is more money in the average pocket of an American. President Trump promised 4,000, he delivered 4,400. Joe Biden has taken all those dollars plus another $7,000 on average, per year, out of the pockets of everyday families, devastating our economy. And, Maria, millennials, the first-time home buyers, rates for mortgages are over 7%. That’s devastating. In a world under President Trump, it was around 3%. The changes are drastic and measurable in the lost money in the average paycheck."

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