Number one, everybody would receive a tax cut under this bill. Everybody. Secondly, only 3 percent--these are the facts--of small business owners would get the additional tax for income over $250,000. Only 3 percent. And the third and last point is this. For those with income a million and over, under the Republican plan they would get a tax cut of over $100,000, while average Americans would get a fraction of that.
The speaker discusses the implications of a tax bill and its effects on different income groups.
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