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

June 4th,

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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.