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Treasury Secretary Scott Bessent Confirms Majority Of Tax Cuts Went To Working Families.

June 4th,

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Main image for Treasury Secretary Scott Bessent Confirms Majority Of Tax Cuts Went To Working Families.

Treasury Secretary Scott Bessent testified before Congress that just over 70 percent of tax filers who received a tax cut during the recent filing season earned less than $100,000. The remarks came during a hearing where lawmakers questioned the distributional impact of the administration’s tax relief policies, particularly those tied to working- and middle-class households.

 

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