Most people do not know how much the tax cuts that have been passed by the Republicans in the last several years have helped the poor. Now this is true: A normal family of four will not pay any Federal income tax until they earn over $40,000 a year. That means a large percentage of our population pay no income tax at all. So therefore when the gentlemen on the other side say over and over again that we are going to cut taxes for the rich and attack the poor, that is not true. If you cut taxes, only people who pay will pay less. Cutting taxes does not take money from the poor to give to the rich.
Cass Ballenger: “Most people do not know how much the tax cuts that have been passed by the Republicans in the last several years have…”
Editor's note · Context
Discussing the impact of tax cuts on low-income families during a speech in Virginia.
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