President Donald Trump and Vice President Mike Pence ridiculed House Democratic Leader Nancy Pelosi for likening $1,000 bonuses paid to some employees as a result of the GOP tax cuts to “crumbs.” We’re providing the fuller context of Pelosi’s “crumbs” remarks.
Democratic House leader Nancy Pelosi claimed that the new tax law will provide “at least a $1.3 trillion tax break for corporations.” That’s misleading.
President Donald Trump misleadingly inflated the benefits of the tax overhaul when he claimed it provides “$3.2 trillion … in tax cuts for American families.” It actually totals about $1.5 trillion in tax cuts for all taxpayers, including corporations.
This fact-checking video from CNN’s Jake Tapper covers inaccurate claims made by a high-ranking Democrat and Republican about the GOP bills overhauling the U.S. tax system.
President Donald Trump claimed that the Republican tax plans in Congress would “cost me a fortune.” He has offered no proof of that, and it’s highly doubtful. Several provisions of the tax bills would benefit wealthy individuals like Trump.