Factopolis

The Truth

Most would, though about 8% would see an increase of more than $100 immediately. Furthermore, lower-income taxpayers would see their cuts turn to increases within a few years.

Topics

Claimants

  • Paul Ryan × 2
  • Kevin McCarthy

Statements

  • Everyone enjoys a tax cut, all across the board.
    Paul Ryan, Speaker of the United States House of Representatives
    on
    Retracted by Spokesman AshLee Strong on Nov 8, 2017

    Fact Checks

    • Even if one assumes that all of the tax provisions remain in place — a big assumption — millions of Americans will still see a tax hike, even if the average person in their income range might receive a tax cut.
  • It’s a tax cut for everybody. There’s a lot of misinformation out there, a lot of confusion — and more or less, a lot of hits from the left. But it’s a tax cut for everybody.

    If you look underneath the rate, more of your income is taxed at a lower rate, and so according to the Joint Committee on Taxation — which is the official scorekeeper of these things — every single person, every rate payer, every bracket person gets a rate cut.

    Paul Ryan, Speaker of the United States House of Representatives
    on
    Retracted by Spokesman AshLee Strong on Nov 8, 2017

    Fact Checks

    • Even if one assumes that all of the tax provisions remain in place — a big assumption — millions of Americans will still see a tax hike, even if the average person in their income range might receive a tax cut.
  • First, it lets every American keep more of what they earn.
    Kevin McCarthy, Member of the U.S. House of Representatives from California's 23rd district
    on

    Fact Checks

    • Individual taxpayers’ situations will be affected differently by provisions in the bill, and for 2018 alone, the committee found that 8 percent of taxpayers would pay more in taxes. That translates to millions of Americans.

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Page last modified 2017-11-10. View history.