Major Tax Cuts for virtually EVERY American Taxpayer, plus Bringing Ship-Building & Manufacturing Jobs Back to America

The 47 Morning Update with Ben Ferguson · Jun 3, 2026 · 32m · transcript

1. Tax Cuts

97% of tax filers received a tax cut

Total relief: $82 billion

Average savings:

$100k–$200k earners → ~$1,250

$50k–$100k earners → ~$815

Policy features emphasized:

No tax on tips

No tax on overtime

No tax on Social Security

Expanded standard deduction

2. Media and Political Criticism

The media is ignoring or hiding the benefits of the tax cuts

Democrats are accused of:

Misrepresenting the bill as benefiting only the wealthy

Opposing policies that help workers

Increase GDP:

+1.2% to +1.5% projected growth over several years

Put more money into households…